$2,150,000
bedrooms
3
bathrooms
2
square feet
0
Acreage
0.0
Open Houses
-
year built
-
Full Baths
2
Half Baths
0
45-05 Ditmars Boulevard presents a rare opportunity to acquire a meticulously maintained mixed-use building in the heart of Astoria, Queens. Comprised of three total units across approximately 3,300 square feet, the property offers strong in-place cash flow with minimal operational burden. Anchored by a highly desirable retail tenant on the ground floor, the asset benefits from reliable income, with a scheduled rent increase enhancing future returns. Above, two residential units add further income stability in a neighborhood known for its high demand and low vacancy rates. Annual property taxes are exceptionally low at just $8,112, bolstering net cash flow and overall returns. The building sits on a 20' x 110' lot and is priced competitively at $2,150,000. Astoria continues to thrive as one of New York City's most dynamic neighborhoods, offering unbeatable access to Manhattan, a diverse and growing population, and a flourishing restaurant and cultural scene. With proximity to Long Island City and Roosevelt Island's Cornell Tech campus, the area is seeing sustained demand from both residents and businesses alike. This is an ideal acquisition for an investor seeking a turn-key asset with strong existing income, low maintenance requirements, and significant long-term upside in one of NYC's top-performing submarkets.
Location | |
Subdivision | - |
County | Queens |
Elementary School | - |
Middle School | - |
High School | - |
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MLS number: 11485585
Listing agent:
Dimitrios Kapelonis
Listing broker:
Gravity Real Estate Advisors Llc
Copyright © 2025 My State 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: Tuesday, April 29 2025 at 9:14 p.m. EDT
Kotohomes National
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