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$1,499,999
Est. payment /mo
3,001 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY842683
Originating Board onekey2
Rental Info No
Year Built 1928
Annual Tax Amount $20,972
Lot Size 3,001 Sqft
Acres 0.0689
Property Description
Exceptional 6-unit multifamily investment opportunity in the heart of Astoria, Queens.
This well-maintained, three-story building offers 5,250 square feet of residential space in one of New York City's most sought-after neighborhoods. Priced below replacement cost, this property presents a rare chance to acquire a stable asset with strong cash flow and significant long-term appreciation potential.
Property Highlights:
- Prime Location: Situated at the intersection of 30th Avenue & 49th Street, this property is surrounded by bustling restaurants, shops, laundromats, churches, and mass transit options. Just minutes from Steinway Street, residents enjoy unparalleled convenience, while Manhattan is only 20 minutes away—perfect for those seeking a balance between city access and Astoria's charming neighborhood feel.
- Fully Leased Investment: With 100% occupancy, this property generates immediate cash flow from day one, making it a turnkey investment with minimal risk and strong upside potential as Astoria continues to grow.
Featured Commercial Sales.
This well-maintained, three-story building offers 5,250 square feet of residential space in one of New York City's most sought-after neighborhoods. Priced below replacement cost, this property presents a rare chance to acquire a stable asset with strong cash flow and significant long-term appreciation potential.
Property Highlights:
- Prime Location: Situated at the intersection of 30th Avenue & 49th Street, this property is surrounded by bustling restaurants, shops, laundromats, churches, and mass transit options. Just minutes from Steinway Street, residents enjoy unparalleled convenience, while Manhattan is only 20 minutes away—perfect for those seeking a balance between city access and Astoria's charming neighborhood feel.
- Fully Leased Investment: With 100% occupancy, this property generates immediate cash flow from day one, making it a turnkey investment with minimal risk and strong upside potential as Astoria continues to grow.
Featured Commercial Sales.
Location
State NY
County Queens
Rooms
Basement Storage Space
Interior
Heating Oil
Cooling Wall/Window Unit(s)
Flooring Hardwood, Other
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools 30Th Avenue School (The)
Middle Schools Albert Shanker Sch-Visual/Perf Arts
High Schools Academy Of American Studies
School District Queens 30
Others
Special Listing Condition None
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Listed by NY Space Finders Inc