- Bedrooms: 4
- Bathrooms: 2
- Price: $2,500,000
Investment Opportunity: Mixed-Use Building at 25-26 30th Avenue, Astoria, NY 11102 Prime mixed-use property in the heart of vibrant Astoria! This 2-story building features two fully occupied 2-bedroom, 1-bathroom residential apartments and a ground-floor commercial laundromat, generating high and stable income with exceptionally low operating expenses. Income Breakdown (Annual) Commercial Laundromat: $85,971/year 2nd Floor Unit (2 Bed / 1 Bath): $33,600/year ($2,800/month) Rear 2nd Floor Unit (2 Bed / 1 Bath): $30,600/year ($2,550/month) Total Annual Gross Income: ~ $150,171 Expense Advantages The laundromat tenant covers 2/3 of property taxes Residential tenants pay their own utility bills (electricity, gas, heat, hot water) Results in minimal operating expenses and excellent net returns Residential Units Both 2-bedroom, 1-bathroom apartments are currently rented and well-maintained. Tenants enjoy spacious layouts, large kitchens, generous bedrooms, and the great convenience of an on-site laundromat. Commercial Space Fully leased to a long-standing laundromat providing reliable income while significantly offsetting building expenses. Location & Neighborhood Situated on 30th Avenue