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3014 29th St
Long Island City, NY 11102 Downtown Astoria

$4,398,000 USD

Apartments For Sale • 14,000 SF

Property Details

Property Type Apartments
Total Building Size 14,000 SF
Lot Size 0.11 AC
Building Class C
Year Built 1928
Cap Rate 5.92 %
Zoning R6A

85 Transit Score

99 Walk Score

                
                    Highlights
                
                                 One-third (7 units) are deregulated and priced below market value, offering future financial growth benefits.
                            
                                Great location on 29th Street just off 30th Avenue

Property Flyers

10:25 updated income & expenses

10:25 Rent Roll Projected

Financial Summary (Proforma)

Net Operating Income: $260,191 USD (2025)

Cap Rate:	5.92 %
Total Expenses:	$185,573 USD

Amenities

Cable Ready
Property Manager on Site
Heating
Gas Range
Hardwood Floors
Refrigerator
Oven
Range
Tub/Shower
Double Pane Windows

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hunterspoint Avenue Station (Hempstead Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road)	6 min	-	2.7 mi
Woodside Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road)	7 min	-	3.0 mi
Transit/Subway	Drive	Walk	Distance
30 Av (Broadway Local - N - MTA New York City Transit, Broadway Local - W - MTA New York City Transit)	0 min	2 min	0.1 mi
Astoria Blvd (Broadway Local - N - MTA New York City Transit, Broadway Local - W - MTA New York City Transit)	1 min	8 min	0.4 mi
Broadway (Broadway Local - N - MTA New York City Transit, Broadway Local - W - MTA New York City Transit)	1 min	10 min	0.5 mi
Astoria-Ditmars Blvd (Broadway Local - N - MTA New York City Transit, Broadway Local - W - MTA New York City Transit)	3 min	16 min	0.9 mi
36 Av (Broadway Local - N - MTA New York City Transit, Broadway Local - W - MTA New York City Transit)	3 min	18 min	0.9 mi
Airport	Drive	Walk	Distance
LaGuardia	8 min	-	3.1 mi
John F Kennedy International	21 min	-	14.3 mi
Newark Liberty International	30 min	-	19.1 mi

Jim Powers 917-751-5020 Tapestry Real Estate

3014 29th St Long Island City, NY 11102 Downtown Astoria