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Astoria,NY 11102
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY809717
Originating Board onekey2
Rental Info No
Year Built 1928
Annual Tax Amount $77,294
Property Description
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
State NY
County Queens
Rooms
Basement Partially Finished
Interior
Heating Oil
Cooling None
Fireplace No
Appliance Gas Range,Oven,Refrigerator
Exterior
Parking Features None
Fence Perimeter
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Trash Collection Public,Water Connected
Building
Lot Description Back Yard,Level,Near Public Transit,Near School,Near Shops
Story 4
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None