
Listed by EAST COAST NEW YORK
$1,700,000
31-49 33 street
Details
Property Type Office
Cap Rate 8.17%
Tenancy Multi
Year Built 1924
Cash Flowing Renovated Brick Building For Sale Astoria 2 blocks from train!
Marketing description
Prime 7-Unit Multifamily Apartment Building in the Heart of Astoria, Queens Location: Between 31st Avenue & Broadway, Astoria, NY An exceptional opportunity to own a legal 7-unit multifamily building in one of Astoria's most desirable and high-demand neighborhoods. This well-maintained brick property offers strong rental income potential and a true turnkey setup, ideal for both seasoned investors and owner-users. Property Highlights: 7 Legal Apartments: (6) Two-Bedroom / One-Bath Units (1) One-Bedroom / One-Bath Unit Excellent Condition: Meticulously maintained and thoughtfully renovated over the years Brand New Roof: Completed Summer 2025 Prime Commuter Location: Just 2 blocks to the Broadway subway station (N/W lines), providing direct access to Midtown Manhattan and Penn Station in approximately 30 minutes High-Demand Area: Surrounded by popular restaurants, cafés, bakeries, laundromats, and everyday conveniences Turnkey Investment: Strong income potential with low maintenance requirements and consistent tenant demand This property offers the perfect blend of stable cash flow, location-driven appreciation, and long-term upside-making it a standout opportunity in the Astoria multifamily market. Schedule your private showing today-rare opportunities like this don't last. THE INFORMATION CONTAINED HEREIN HAS EITHER BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OBTAINED FROM SOURCES THAT WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY BUT WE DO NOT GUARANTEE THE ACCURACY OF ANY INFORMATION PROVIDED HEREIN. AS AN EXAMPLE, ALL ZONING INFORMATION, BUILDABLE FOOTAGE ESTIMATES AND INDICATED USES MUST BE INDEPENDENTLY VERIFIED
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Listed by EAST COAST NEW YORK
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