Real Estate giant Cushman & Wakefield has been named the agent to sell this walk-up apartment building at 28-08 23rd Avenue.
The asking price is $3.4 million.
The building is just blocks from the N/W train at Ditmars Boulevard. It’s also near the Triboro (now RFK) Bridge, the Grand Central and Brooklyn-Queens Expressway.
The eight-unit, four-story building consists of two-bedroom apartments. Four are rent-stabilized. The building also includes one rent-controlled unit, three market-rate units and one vacant apartment.
Recent improvements include a new gas boiler and water heater.
“This is an excellent opportunity for an investor with a 1031 exchange,” says Thomas Donovan of Cushman & Wakefield. “The in-place average monthly rent represents 75 of the current market rent, leaving tremendous upside potential for future owners.”
Please consider donating to Catholic Charities this holiday season to support children and families in need.
Additionally, Catholic Charities and Citywide Meals-on-Wheels is hosting a Christmas Dinner from 11am to 2pm on Christmas Day. Volunteers are needed! To volunteer or for more information call Pat Critelli at 718-847-9200.
They’ll be discussing the following issues:
- Rent stabilization and rent controlled laws
- Essential services
- Rent increases
- Reasonable accommodations
- Services available to senior citizens and the disabled
Congressman Joe Crowley teamed up with Assemblywoman Aravella Simotas and Councilman Costa Constantinides in a letter to Mayor de Blasio asking for more agents at intersections along 82nd Street between Marine Terminal Road and Astoria Boulevard.
“This particularly complicated stretch of 82nd Street presents a series of challenges to the local community,” they wrote, “due to the confluence of 23rd Avenue, Ditmars Boulevard, Grand Central Parkway and traffic in and out of the airport.”
They noted that the situation will only be exacerbated during the holidays because it’s peak travel time.
“We would like to request that traffic officers be positioned at these intersections during peak traffic hours to ensure the smooth and orderly flow of cars and minimize congestion,” they said.
In the contest, middle school students are asked to write about what it means to commemorate Veterans Day. Nearly 300 students submitted entries.
“As we pause each year to pay tribute to our veterans and their families, our annual essay competition gives our youth an opportunity to express their appreciation and a platform to share that gratitude beyond their dinner tables, classrooms and communities,” Crowley said.
The congressman presented Anastasia with a framed copy of her essay, which was entered into the Congressional Record.
Runners up for the contest are also seventh graders from IS 141: Zainab Hamid and Irena Marsalek. They received certificates of congressional recognition.
Here’s an excerpt from Anastasia’s essay:
“Veterans Day is our reminder that we need to honor and celebrate all the men and women who have served or are currently serving in our military. It takes a lot of courage and strength to enter the military and purposely leave behind everything you love.”
On Monday, the prototype for a new potential mode of transportation connecting Brooklyn and Queens was revealed.
The model Brooklyn-Queens Connector (BQX) streetcar was unveiled at the New Lab technology space in the Brooklyn Navy Yard. The rail line would run 14 miles along the Brooklyn-Queens waterfront from Astoria to Sunset Park.
Ya-Ting Liu, executive director of Friends of the Brooklyn Queens Connector, advocated for the new line saying, “Now is the moment to move forward with this transformative project to connect hundreds of thousands of New Yorkers, including over 40,000 public housing residents, to jobs, education, healthcare and recreation along the route.”
Brooklyn Borough President Eric Adams believes this train will solve the lack of north-south transportation between the two boroughs. “Everyone is on board, for the most part, with the concept that we need better transportation from waterfront to inland,” he said.
Despite these benefits, some concerns among residents still exist, such as the lack of fare integration with the MTA and the risk of overdevelopment on the waterfront.
The project could be completed as early as 2024.