Contacts

Highcap Group
Property Details
- Property Type Multi-Family
- Property Size 18,883 SF
- Units 17
- Lot Size 0.09 Acre
- Cap Rate % 7.5
- Rental Income / YR $539,632.00
- NOI / YR $391,241.00
- Taxes / YR $9,271.00
- # of Floors 4
- Property Tenancy Multi-Tenant
- Year Built 2008
- Date Updated Sep 30, 2025
18-10 27th Ave, block 541 Lot 1002 is a 17 residential unit building for sale. The property was built in 2008 and benefits from a 25 year no cap 421a tax abatement that expires in 2033. The asset is priced at a 7.5% cap rate with future grown potential as the abatement expires and FM status may be achieved. All units have balconies and amenities such as terrace space, laundry, and gym space is available. There are 7 parking spaces and rented to tenants as well.
Contant Rodney Nassimian for more information at or on his cell at (516) 424-7455.
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Astoria, NY
- Neighborhood Old Astoria
- Zip Code 11102
- Market Queens
Points of Interest
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Astoria Boulevard
0.50 miles
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Astoria–Ditmars Boulevard
0.81 miles
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Steinway Street
1.06 miles
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46th Street
1.26 miles
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94th Street & 2nd Avenue at Northeast Corner
1.33 miles
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86th Street & 2nd Avenue at Northeast Corner
1.34 miles
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94th Street & 2nd Avenue at Southwest Corner
1.35 miles
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86th Street & 2nd Avenue at Southeast Corner
1.35 miles
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95th Street & 2nd Avenue at Northwest Corner
1.36 miles
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96th Street & 2nd Avenue at Southwest Corner
1.36 miles
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BP Gas Station
0.44 miles
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Gulf
0.49 miles
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Mobil
0.56 miles
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Lukoil
0.85 miles
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BP
0.88 miles
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bp
0.88 miles
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Sunoco
0.92 miles
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plugNYC
0.93 miles
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Citgo
1.00 miles
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Shell
1.05 miles
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Astoria Park Parking
0.38 miles
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Municipal Parking
0.74 miles
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Motorgate Public Parking Garage
1.12 miles
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Surrey Garage
1.31 miles
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Knickerbocker Plaza Car Park
1.36 miles
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Astor Terrace Parking Garage
1.37 miles
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Parking Lot E
1.49 miles
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Edison ParkFast
1.49 miles
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Quik Park
1.57 miles
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MPG
1.60 miles
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Super 8
0.51 miles
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Astoria Inn LaGuardia Hotel
0.84 miles
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Hotel Nirvana
1.12 miles
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Baymont
1.13 miles
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Fairfield Inn
1.14 miles
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Courtyard
1.15 miles
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Comfort Inn
1.16 miles
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La Quinta
1.25 miles
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Lotus BLU Inn & Suites
1.27 miles
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Ramada Long Island City
1.27 miles
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C-Town
0.11 miles
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Hortons
0.34 miles
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Trade Fair #1
0.43 miles
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Trade Fair
0.45 miles
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Euro Market
0.48 miles
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Greenbay Organic Foods
0.49 miles
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City Fresh Market
0.49 miles
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Brooklyn Harvest Market
0.51 miles
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Key Food
0.53 miles
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TJ Maxx
0.87 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Highcap Group