New Listing - 01/24/2025
30-14 29 Street, New York, (Astoria), NY, 11102
1928
Prime Investment Opportunity in Astoria – 20-Unit Multi-Family Building Income, expense, and rent roll available. This rare 20-unit, 4-story walk-up is a standout in the highly desirable neighborhood of Astoria, Queens. The same family has owned and lovingly maintained it for over 50 years, so this property presents a unique chance to acquire a well-cared-for asset with strong fundamentals. The building features a diverse unit mix of eight two-bedroom apartments, eight one-bedroom apartments, and four studio units, ensuring broad tenant appeal. Its unparalleled location offers convenient access to major NYC transportation, top-rated schools, thriving local hospitals, and an array of shopping, dining, and entertainment options. Astoria remains one of the most sought-after urban residential neighborhoods, guaranteeing steady demand and stable occupancy rates. The long-time superintendent has meticulously maintained the property, ensuring seamless management for its next owner. This investment offers: Low Risk: Situated in a high-demand area with an established tenant base. High Growth Potential: Significant opportunities for rent increases and value-added enhancements. Whether expanding your portfolio or making your first foray into real estate investment, this gem is a must-see. Don’t miss this chance to secure a solid, income-producing property in one of NYC’s top neighborhoods.
Status:
Active
Town:
New York
Type:
Commercial
Units:
20
Heating:
Oil
Cooling:
None
Basement:
Partially Finished
Levels:
4
Est. Taxes:
$77,294
Construction
Brick
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Lot Description:
Back Yard, Level, Near Public Transit, Near School, Near Shops
Days on Market:
3
Appliances:
Gas Range, Oven, Refrigerator
MLS #:
817117
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Tapestry Real Estate of Queens 718-460-1943