
903 35th Ave
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903 35th Ave Immeuble residentiel 15 lots 2 699 635 € (179 976 €/Lot) Taux de capitalisation 6,81 % Long Island City, NY 11106



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RÉSUMÉ ANALYTIQUE
PLEASE REFER TO OFFERING MEMORANDUM ATTACHED.
Stonefield Real Estate is pleased to present the exclusive offering of 9-03 35th Avenue, a 100% occupied, mixed-use building located in the heart of Astoria,
Queens.
The four-story walk-up consists of 14 residential apartments and 1 ground-floor medical office, totaling approximately 16,157 square feet of rentable space. The
building sits on a 3,835 SF lot and features a classic pre-war brick façade with solid infrastructure. The property benefits from consistent capital improvements
and efficient management, delivering stable cash flow and minimal deferred maintenance.
RESIDENTIAL & COMMERCIAL TENANCY
• 14 residential units, primarily 2-bed / 1-bath layouts with a proven rent roll
• 1,247 SF commercial unit leased to Doc Flow Medical, a medical tenant, through December 2029 with a 5-year renewal option
• Commercial use conforms to the Certificate of Occupancy
• Medical unit was recently and fully renovated to modern standards
• 100% occupancy with a strong rental history
• Legal rents exceed preferential rents, allowing for upside as leases reset
CAPITAL IMPROVEMENTS
The building’s mechanical systems are well maintained and efficient:
• Landlord pays for water and oil
• Tenants pay for electric via individual submeters
• All apartments have window HVAC units powered by tenant-paid electric
• The oil tank and roof have both been recently repaired, improving efficiency and reducing near-term capital exposure
LOCATION & TRANSIT
Located just one block north of 31st Avenue and a short 1-minute walk from the Astoria Boulevard (N/W) subway station, the property offers excellent transit
accessibility. Subway riders can reach Midtown Manhattan (5th Avenue/59th Street) in approximately 14 minutes via a direct ride on the N train.
ZONING & TAX STATUS
The building is classified under Tax Class 2, offering stable, predictable tax treatment. It is also located within a federally designated Opportunity Zone, offering
additional tax benefits for qualifying long-term investors.
Stonefield Real Estate is pleased to present the exclusive offering of 9-03 35th Avenue, a 100% occupied, mixed-use building located in the heart of Astoria,
Queens.
The four-story walk-up consists of 14 residential apartments and 1 ground-floor medical office, totaling approximately 16,157 square feet of rentable space. The
building sits on a 3,835 SF lot and features a classic pre-war brick façade with solid infrastructure. The property benefits from consistent capital improvements
and efficient management, delivering stable cash flow and minimal deferred maintenance.
RESIDENTIAL & COMMERCIAL TENANCY
• 14 residential units, primarily 2-bed / 1-bath layouts with a proven rent roll
• 1,247 SF commercial unit leased to Doc Flow Medical, a medical tenant, through December 2029 with a 5-year renewal option
• Commercial use conforms to the Certificate of Occupancy
• Medical unit was recently and fully renovated to modern standards
• 100% occupancy with a strong rental history
• Legal rents exceed preferential rents, allowing for upside as leases reset
CAPITAL IMPROVEMENTS
The building’s mechanical systems are well maintained and efficient:
• Landlord pays for water and oil
• Tenants pay for electric via individual submeters
• All apartments have window HVAC units powered by tenant-paid electric
• The oil tank and roof have both been recently repaired, improving efficiency and reducing near-term capital exposure
LOCATION & TRANSIT
Located just one block north of 31st Avenue and a short 1-minute walk from the Astoria Boulevard (N/W) subway station, the property offers excellent transit
accessibility. Subway riders can reach Midtown Manhattan (5th Avenue/59th Street) in approximately 14 minutes via a direct ride on the N train.
ZONING & TAX STATUS
The building is classified under Tax Class 2, offering stable, predictable tax treatment. It is also located within a federally designated Opportunity Zone, offering
additional tax benefits for qualifying long-term investors.
INFORMATIONS SUR L’IMMEUBLE
Prix | 2 699 635 € | Classe d’immeuble | C |
Prix par lot | 179 976 € | Surface du lot | 0,04 ha |
Type de vente | Investissement | Surface de l’immeuble | 1 501 m² |
Taux de capitalisation | 6,81 % | Occupation moyenne | 100% |
Nb de lots | 15 | Nb d’étages | 4 |
Type de bien | Immeuble residentiel | Année de construction | 1915 |
Sous-type de bien | Appartement | Zone de développement économique [USA] |
Oui
|
Style d’appartement | De hauteur moyenne | ||
Zonage | R5 |
Prix | 2 699 635 € |
Prix par lot | 179 976 € |
Type de vente | Investissement |
Taux de capitalisation | 6,81 % |
Nb de lots | 15 |
Type de bien | Immeuble residentiel |
Sous-type de bien | Appartement |
Style d’appartement | De hauteur moyenne |
Classe d’immeuble | C |
Surface du lot | 0,04 ha |
Surface de l’immeuble | 1 501 m² |
Occupation moyenne | 100% |
Nb d’étages | 4 |
Année de construction | 1915 |
Zone de développement économique [USA] |
Oui |
Zonage | R5 |
LOT INFORMATIONS SUR LA COMBINAISON
DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
---|---|---|---|
2+1 | 14 | - | 93 |
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Walk Score®
Très praticable à pied (85)
Transit Score®
Excellent réseau de transport en commun (83)
Bike Score®
Très praticable en vélo (87)
TAXES FONCIÈRES
Numéro de parcelle | 00324-0001 | Évaluation des aménagements | 279 255 € |
Évaluation du terrain | 111 216 € | Évaluation totale | 390 472 € |
TAXES FONCIÈRES
Numéro de parcelle
00324-0001
Évaluation du terrain
111 216 €
Évaluation des aménagements
279 255 €
Évaluation totale
390 472 €
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903 35th Ave
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