$4,900,000
bedrooms
0
bathrooms
0
square feet
14,000
Acreage
-
Open Houses
-
year built
1928
Full Baths
0
Half Baths
0
Prime Investment Opportunity in Astoria – 20-Unit Multi-Family Building Income, expense, and rent roll available.
This rare 20-unit, 4-story walk-up is a standout in the highly desirable neighborhood of Astoria, Queens. The same family has owned and lovingly maintained it for over 50 years, so this property presents a unique chance to acquire a well-cared-for asset with strong fundamentals.
The building features a diverse unit mix of eight two-bedroom apartments, eight one-bedroom apartments, and four studio units, ensuring broad tenant appeal. Its unparalleled location offers convenient access to major NYC transportation, top-rated schools, thriving local hospitals, and an array of shopping, dining, and entertainment options.
Astoria remains one of the most sought-after urban residential neighborhoods, guaranteeing steady demand and stable occupancy rates. The long-time superintendent has meticulously maintained the property, ensuring seamless management for its next owner.
This investment offers:
Low Risk: Situated in a high-demand area with an established tenant base.
High Growth Potential: Significant opportunities for rent increases and value-added enhancements.
Whether expanding your portfolio or making your first foray into real estate investment, this gem is a must-see. Don’t miss this chance to secure a solid, income-producing property in one of NYC’s top neighborhoods.
Location | |
Subdivision | - |
County | Queens |
Elementary School | - |
Middle School | - |
High School | - |
Exact location data not provided
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 817117
Listing agent:
James S. Powers
#31PO0764530
Listing broker:
Tapestry Real Estate
(718) 460-1943
Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Friday, January 24 2025 at 7:54 p.m. EST
Kotohomes National
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