Prime Corner 122 Unit Mixed-Use Building, Turn-Key Condition
A package of two large multifamily buildings located in the prime western Queens neighborhood of Astoria
Prime Corner Location | Package of Four Mixed-Use Buildings
The New York City multifamily market ended the third quarter of 2018 leaving transaction volume nearly unchanged while posting a substantial increase in dollar volume. Comparing the year-over-year average of the trailing 6 months through September of 2018, the average transaction volume fell to 36 transactions from 37 during the prior year.
3 Story Hunts Point Multifamily Building:
541 Coster Street
This 25’ wide property consists of 6,525 SF and contains 6 immensely spacious units, the unit mix being 4 three-bedrooms and 2 one-bedroom apartments. All units enjoy free-market status. 75% of the units have been recently renovated as they turned over in the last 12 months.
3-Story Ridgewood Mixed Use Property:
55-25 Myrtle Avenue
Totaling 4,260 gross square feet, and situated in a C4-3A zoning district, the subject property has an FAR of 3.0, offering an additional 1,992 square feet of air rights. Located in Ridgewood, it is just a few blocks from Bushwick, straddling the border of Queens and Brooklyn.