1 /
9
Map
$4,278,279*
●
Commercial -
Off Market
23-08 44th Drive
Long Island City, NY 11101
Studio
0 Bath
$3,150,000 - $3,850,000
Reference Base Price*
22.24%
Since Jun 1, 2021
NY-New York
Primary Model
About This Property
Calling All Investors, Developers & End-Users!!! 6.64 Cap 4 Unit,
3,630 Sqft. Building For Sale!!! The Property Is Situated On A
2,242 Sqft. That's Zoned C5-3 (High Bulk Commercial District)
Commercial FAR: 15.0 (33,630 Sqft. Buildable When 10,000 Sqft. Lot
Or Larger)!!! Note: All Commercial Uses Are Exempt From Parking
Requirements The Building Features Amazing Zoning, Excellent
Location, Great Signage, +++!!! The Building Can Be Delivered 100%
Vacant If Need Be All Tenants Are Month-Month Income: 4 Br
Apartment: $36k Ann. M-M 4 Br Apartment: $36k Ann. M-M 2nd Floor
Office: $72k Ann. M-M 1st Floor Deli: $156k Ann. M-M Gross
Income: $300,000 Taxes: $38,269 Insurance: $3,300 Electric: $0 Gas:
$0 Maintenance & Repairs: $250 Water: $0 Total Exp.: $41,819
Net Operating Income (NOI): $258,181 (6.64 Cap!!!)
Unit Size
-
Days on Market
-
Land Size
0.05 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1910
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2021 | Sold to E B H Holding Llc | $3,250,000 | |
| Sold to E B H Holding Llc | |||
| May 15, 2021 | No longer available | - | |
| No longer available | |||
| Mar 12, 2021 | Price Decreased |
$3,500,000
↓ $388K
(10%)
|
|
| Price Decreased | |||
| Mar 5, 2021 | Price Decreased |
$3,888,000
↓ $500K
(11.4%)
|
|
| Price Decreased | |||
| Mar 3, 2021 | Price Decreased |
$4,388,000
↓ $900K
(17%)
|
|
| Price Decreased | |||
Show More
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
4
Beds
4
Baths
-
$3,565,000
Jun 10, 2022
$3,565,000
Nov 30, 2022
$3,943/mo
Townhouse
9
Beds
3
Baths
4,500 ft²
$721/ft²
$3,245,000
Aug 9, 2022
$3,245,000
May 1, 2023
-
Condo
3
Beds
4
Baths
2,260 ft²
$1,438/ft²
$3,250,000
Jan 19, 2017
$3,250,000
Nov 20, 2012
$2,465/mo
Active
Condo
3
Beds
3
Baths
1,656 ft²
$2,111/ft²
$3,495,000
Aug 11, 2023
-
$2,198/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
12/14/2020
|
|
Loft
|
-
|
-
|
$3,500,000
Loft
-
|
$3,250,000
-7.14%
08/11/2021
|
Richard Matt Shane
All Island Estates Realty Corp
|
Building Info
