$1,345,000
$1,425,000 5.6%
Est. payment /mo
11 BD
6 BA
Sold on 01/08/2025
18-31 Ditmars BLVD Astoria, NY 11105
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Key Details
Sold Price $1,345,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEYL3581217
Sold Date 01/08/25
Style Other
Bedrooms 11
Full Baths 6
Originating Board onekey2
Rental Info No
Year Built 1931
Annual Tax Amount $22,853
Lot Dimensions 25.42x100
Property Description
Seize this incredible opportunity to own a pristine 6-family building perfectly positioned directly across from the picturesque Astoria Park, offering serene park views right from your doorstep. Situated on the highly desirable Ditmars Blvd and just half a block from Shore Blvd, this semi-detached, brick building presents an excellent investment prospect or an ideal option for an owner-occupant looking to generate rental income. The building features a total of six spacious apartments, including five generously sized, box-style 2-bedroom, 1-bathroom units, and one fully renovated 1-bedroom, 1-bathroom unit, catering to a variety of tenant preferences. One of the 2-bedroom free market apartments will be delivered vacant, allowing for immediate rental potential or the perfect setup for an owner's personal residence. Meticulously maintained, this property is fully up-to-date on lead paint testing, as well as gas and parapet inspections, ensuring peace of mind and compliance with all safety regulations. Additional updates include: the main sewer line was replaced in 2018, two new 275 gallon oil tanks with supporting pipe system were installed in 2015, and a new hot water heater with burner was installed in 2020 among many other upgrades. Its prime location not only offers stunning views but also provides easy access to the vibrant lifestyle that Astoria is known for, with countless dining, shopping, and entertainment options nearby. Astoria Park features an Olympic sized swimming pool, newly renovated track, tennis courts and playgrounds providing endless opportunities for recreation and relaxation. Don't miss out on this rare opportunity to invest in a building that combines outstanding rental income potential with an unbeatable location.
Location
State NY
County Queens
Rooms
Basement Finished, Full
Interior
Heating Oil, Hot Water
Cooling None
Fireplace No
Exterior
Parking Features On Street
Private Pool No
Building
Lot Description Near Public Transit, Near School, Near Shops
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 122 Mamie Fay
Middle Schools Is 141 Steinway (The)
High Schools Long Island City High School
School District Queens 30
Others
Senior Community No
Special Listing Condition None
Listed by Blue Brick Real Estate
Bought with Blue Brick Real Estate
Bought with Blue Brick Real Estate