Listed by NY SPACE FINDERS INC,
$3,825,000
31-28 38th Street
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 5,000
Units 8
Cap Rate 6.00%
Year Built 2025
Buildings 1
Stories 4
Lot Size (SqFt) 2,500
Parking Spaces 0
Multifamily | 6.00% CAP | 8 Units
Marketing description
New Construction: Seven-Unit Apartment Building with Community Facility – Ideal for Rental or Condo Conversion
Presenting a partially finished seven-unit apartment building with an additional community facility, offering the perfect opportunity for investors.
Located in the heart of Astoria, this boutique residence is surrounded by a vibrant mix of restaurants, cafes, shops, and entertainment, providing an unbeatable urban lifestyle.
The building features condo-grade finishes, a premium window package, and stunning herringbone wood floors throughout, creating an unparalleled living experience. Each spacious residence includes a private balcony, seamlessly blending indoor and outdoor living. The crown jewel of the building, the penthouse duplex, showcases double-height windows and 22-foot ceilings, flooding the space with natural light. Meanwhile, the first-floor duplex offers two full bathrooms and an expansive 1,000-square-foot private backyard, a rare find in urban living.
Whether positioned as high-end rentals or luxury condominiums, this exceptional property offers a combination of elegance, comfort, and investment potential in one of Queens’ most sought-after neighborhoods. Featured Commercial Sales.
Listing Contacts
Listed by NY SPACE FINDERS INC,
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