$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**
This well-maintained 20-unit, 4-story walk-up in Astoria, Queens, presents a unique opportunity for investors. Owned by the same family for over 50 years, the property boasts strong fundamentals and potential for increased income.
The building offers a diverse mix of eight two-bedroom apartments, eight one-bedroom apartments, and four studio units, appealing to a broad tenant base. Its exceptional location provides easy access to major NYC transportation, top-rated schools, local hospitals, and a variety of shopping, dining, and entertainment options.
Astoria remains a sought-after residential neighborhood, ensuring steady demand and stable occupancy rates. The property is in good condition, allowing for low-maintenance management.
This investment features:
- **Low Risk:** Situated in a high-demand area with an established tenant base.
- **High Growth Potential:** Opportunities for rent increases and value-added improvements.
Whether you’re expanding your portfolio or venturing into real estate investment for the first time, this gem is a must-see. Don’t miss your chance to secure a solid, income-producing property in one of NYC’s top neighborhoods. Income, expense, and rent roll are attached or available upon request.
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.
[source]
Last update: Thursday, April 24 2025 at 4:40 p.m. EDT
Kotohomes National
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