Investor Opportunity in the Path of Willets Point Redevelopment 38-Unit Multifamily Asset | Strong In-Place Cash Flow | 6% Cap Rate R6B / C1-3 Zoning – 9, 000 square feet of unused FAR – 38 rent-stabilized studio apartments – 12 income-producing parking spaces – 6% Cap Rate – Approximately 9, 000+ SF of unused FAR – Detached building with operational flexibility – Positioned to benefit from the multibillion-dollar Willets Point redevelopment – Rare combination of current yield and future upside Positioned just minutes from the multibillion-dollar Willets Point redevelopment, this property offers investors a rare combination of stable cash flow and long-term upside. Located on Astoria Boulevard, the asset benefits from its proximity to the future soccer stadium, hotel, retail, and mixed-use developments that are transforming the area. Location Highlights – Minutes from the Willets Point redevelopment district – Convenient access to LaGuardia Airport – Served by the Q19, Q49, Q72, and Q47 bus lines – Minutes to the Grand Central Parkway, Long Island Expressway and Cross Island Parkway – A unique opportunity to acquire a cash-flowing multifamily asset with significant appreciation and development potential in one of Queens’ fastest-growing corridors, just minutes away from the most exciting thing to happen in Queens since the World’s Fair.