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5-5 46th Road | Astoria NY | 6944238872

Richard Balzano

This listing was posted on Richard Balzano (via ListedBuy).

$3,300,000

th Road

Price:
$3,300,000
BR/BA:
7 BR, 4 BA
Location:
5-5 46th Road, Astoria, NY
Description:

A truly extraordinary opportunity offering two double story buildings on a 25' x 100' lot separated by a 25' x 30' courtyard patio area. Each building is independently operated with separate furnaces and each apartment is separately metered. All 3 units are free market and will be delivered vacant. The owner's unit is the entire rear building - a duplex with 3 bedrooms with a full bath plus a half bath on the entry floor level. There is a full dry basement under each building with standing head room which can be finished. Heating systems have been upgraded and there is a new roof on the front building installed in 2020 with a transferable warranty. The exterior of these buildings match each other with modern vinyl clapboard siding. All windows are new replacement double hung sash on sash style replaced in 2020 and the front street side windows have decorative shutters. The lot is in an M1-4 zone which allows for live/work or commercial and light manufacturing. The front building can be converted into a workshop and/or retail space while maintaining the rear building for residential use. This is truly a unique opportunity for an investor or live/work or live with income. There is also unused FAR of 1849 sq ft which would allow for expansion and the possibility of adding another floor to each building. This location is also brilliant, just off Vernon Blvd and ripe with new developments. Burgeoning as the newest hot neighborhood in NYC. Restaurants, bars and shopping abound. Access to public transportation is also convenient with the 7, E, M, G in addition to being 2 block from Anabel Basin, Gantry Plaza State Park, Hunters Point South Park and the NY Waterways Ferry terminal servicing ports up and down the East River on both the Manhattan and Brooklyn waterfronts. The LIRR LIC station and the Court Sq stations are only a few blocks away. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Sq feet:
3,200 sq. ft.
Amenities:
Patio/Deck
For sale by:
Agent/Broker
Agent Name:
Richard Balzano
July 26 2023 on ListedBuy
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More About this Listing: th Road
th Road is a Seven Bedroom 4.5 Bath Multi-Family Real Estate for Sale at 5-5 46th Road in Astoria NY. Find other listings like th Road and listings near 5-5 46th Road by searching Oodle Classifieds for Seven Bedroom 4.5 Bath Multi-Family Real Estate for Sale in Astoria NY.