25-44 22nd Street

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25-44 22nd Street

ASTORIA, NY 11102
Asking Price
$2.60M
Asset Type
Residential Multifamily
Class
Class B

What's Special

Astoria Prime Development Opportunity: Combined Lot Package with R5B Zoning <p><span style="color: rgba(34, 34, 34, 1)">Astoria Prime Development Opportunity: Combined Lot Package with R5B Zoning!</span></p><p></p><p><span style="color: rgba(34, 34, 34, 1)">An exceptional, high-yield opportunity awaits developers and investors in one of Queens’ most sought-after neighborhoods.</span></p><p></p><p><span style="color: rgba(34, 34, 34, 1)">This premier package features the legal two-family residential property at 25-44 22nd Street, to be sold strictly together with the adj

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NOI
$80,000
Cap Rate
3.08%
DSCR
0.52
Underwater
Cash-on-Cash
-9.53%
Monthly Payment
$12,863.381
Annual Cash Flow
$-74,360.577

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