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Homes for Sale with a Basement in Astoria, NY

Welcome to your dedicated resource for homes for sale with a basement in Astoria, NY. This page is your live portal for listings that match the exact homes for sale you demand, filtering out irrelevant properties to save you time. As a local Astoria, NY agent, Walt Siefert specializes in the unique market dynamics of this area, offering insights into amenities, home values, and investment potential. Start exploring the with a basement properties currently available below, or contact a local agent to discuss the details that matters most to your search.

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All Homes for Sale with a Basement in Astoria, NY

$2,800,000
1010639 MLS
8-Family Building For Sale Outstanding investment opportunity in the heart of Astoria. 30-18 23rd Street is an income-producing 8-family multifamily building featuring a strong and highly rent-able unit mix: one studio apartment, six one-bedroom apartments, and one two-bedroom duplex penthouse. The property is currently generating approximately $244,605.60 in annual gross income, including laundry income, with an estimated current NOI of approximately $160,400. Based on projected market rents, the building has potential to generate approximately $285,600 in annual gross income, with a projected pro forma NOI of approximately $201,400. This well-positioned Astoria asset offers immediate cash flow with upside potential, making it an excellent opportunity for investors seeking a stable multifamily property in a desirable Queens rental market. The two-bedroom duplex penthouse provides premium rental appeal, while the six one-bedroom apartments and studio offer consistent tenant demand and a balanced income stream. Current & Potential Rent Roll Unit:Layout-Current Monthly Rent -Potential Monthly Rent 1F Studio $1,676.56 PR:$2,100 1R 1 Bedroom $2,799.85 PR$3,250 2F 1 Bedroom $2,525.00 PR$2,750 2R 1 Bedroom $2,422.32 PR$2,800 3F 1 Bedroom $2,211.69 PR$2,750 3R 1 Bedroom $2,422.33 PR$2,800 4F 2 Bedroom Duplex Penthouse $3,661.34 PR$4,200 4R 1 Bedroom $2,464.71 PR$2,850 Laundry Additional Income $200 PR$300 Current Monthly Income: $20,383.80 Current Annual Gross Income: $244,605.60 Projected Monthly Income: $23,800 Projected Annual Gross Income: $285,600 Annual Expenses Expense Annual Amount Water $3,600 Con Edison $800 Taxes $70,803 Sprinkler Maintenance $3,000 Insurance $6,000 Total Annual Expenses: $84,203 Current NOI: Approximately $160,400 Projected NOI: Approximately $201,400

3018 23rd Street, Astoria

$1,450,000
1009698 MLS
Prime Astoria Investment Opportunity | Mixed-Use Gem Discover the ultimate addition to your real estate portfolio. Situated in the absolute heart of Astoria, this detached mixed-use property at 35-34 31st Street offers an unbeatable combination of high visibility, robust foot traffic, and exceptional versatility. Built in 1920 and structurally solid with classic brick construction, this 2-unit property is a rare find in one of Queens' most sought-after neighborhoods. Property Highlights: Optimal Layout: Featuring two distinct units spanning 1,350 square feet of total building space, maximizing your rental income potential. Finished Basement: Offers valuable extra square footage, ideal for storage, mechanical access, or supplemental operational use. Unmatched Commuter Location: Located just 0.1 miles (less than a 2-minute walk) from the nearest subway station, providing effortless, rapid access to Manhattan. Security: video surveillance cameras, and protective window bars for total peace of mind. Lot & Utilities: Sits on a 2,000 sq. ft. lot (0.05 acres) with a low-maintenance setup. Connected to public water, public sewer, natural gas heating, and standard electricity. Location, Location, Location Positioned right off 35th Avenue, this property commands excellent exposure in a vibrant, high-density residential and commercial hub. Tenants and patrons alike will love the immediate proximity to Astoria’s legendary dining scene, local cafes, shopping, and nightlife. Whether you are looking to execute a long-term buy-and-hold strategy, establish a signature business space, or capitalize on the area's soaring rental demand, this property represents a premier investment canvas.

35-34 31st Street, Astoria

$2,500,000
6 Beds 4 Baths 1008677 MLS
PRIME! Legal 3 family house is a win for you. With its comprehensive, soup to nuts gut renovation and open concept stylings, 2 car garage, central Ditmars/Astoria Park location, zoning for P.S. 122 Mamie Faye Magnet school, is set within 5 short blocks to Astoria Park, (with its beautiful old growth trees, Olympic size pool, track & field and tennis amenities and striking East River views). The home is a brief 7-minute walk to both the Ditmars or Astoria Blvd train stations. (Making commute time a brief 20 minutes to Manhattan.) This house is a win because when you quickly come to realize that you’ve found exactly what you wanted, you’ve won! Priced for the serious buyer. All apartments are furnished with innovative Chef’s style kitchens, roomy modern baths, hard wood floors, ceiling fans, updated electrics, plumbing, kitchens, baths and flooring and Mitsubishi's high efficiency H2i heating and cooling technology. Investors and live with income buyers will appreciate that each unit has been configured and designed to pay its own heating/cooling costs, electric and gas bills. First floor is a 3BR 1 bath floor through, combined with the finished basement for an extra 300 SF of recreational space, play room or screening room, and includes a full laundry room and half bath. The second floor comprises a sweet 2 bedroom in the front and a large studio with a skylight and wall of windows to the rear of house. The area offers an abundance of shopping, dining and neighborhood conveniences. Go ahead. Claim your win. Call now for your private showing!

23-70 26th Street Unit #3 Family, Astoria

$2,950,000
1005439 MLS
Azure Realty is proud to exclusively present 14-18 31st Avenue, a trophy 6-unit multifamily asset in the heart of Astoria, Queens, representing a rare, premier acquisition opportunity direct from the original developer. Custom designed and completed in 2016 by renowned architect Steven Kuo, this striking residential masterpiece seamlessly fuses contemporary luxury with elite investment fundamentals, showcasing six immaculate apartments equipped with gourmet quartz kitchens, ultra-contemporary designer bathrooms, rich hardwood flooring, extra-large windows, and a premium video intercom security system. Built for the sophisticated investor, the asset is fully stabilized by a proven roster of premium tenants yielding a strong cap rate near 6%, while offering immediate capital protection through a protected Tax Class 2A designation and an active 421-a tax abatement through 2032, at which point all units legally revert to lucrative Free Market status. Furthermore, a new owner can immediately supercharge revenue and asset valuation through incredible value-add upside, including converting the massive 8-foot-high cellar into 12 to 15 tenant storage units (projected to generate an additional $24,000 to $36,000 annually), installing a coin-operated multi-machine laundry room, and styling the outdoor footprint into a communal tenant lounge. Perfectly situated just steps from the vibrant dining and entertainment along 30th Avenue and Broadway, and within seamless walking distance to the N and W subway stations for an efficient Manhattan commute, this transit-oriented location ensures a perpetual pool of top-tier professional renters. Inquire for building setup!

1418 31st Avenue, Astoria

$999,000
2 Beds 2 Baths 999899 MLS
Welcome to 25-22 45th Street , the perfect starter home in Astoria for buyers ready to stop renting and start building equity. This deal checks all the boxes for a first time home buyer: no renovations necessary, private parking, outdoor space, and all under $1M. This beautifully maintained 2 bedroom, 2 bathroom home was thoughtfully renovated in 2020 with updated plumbing and electrical systems, offering modern comfort and peace of mind. The home features recessed lighting throughout, split unit heating and cooling systems, and a stylish renovated kitchen with two tone cabinetry, white countertops, and a stove hood vented directly through the roof. The finished basement adds exceptional flexibility with its own private entrance, a full bathroom, and impressive 7.5 foot ceilings , ideal for guests, recreation, a home office, or extended living space. Situated on an R5 zoned lot with approximately 2,052 additional buildable square feet, this property may also offer future expansion potential for buyers and investors alike. The neighboring property was expanded by two additional levels and converted into a legal 3 family home, showcasing what may be possible. Buyers are encouraged to consult with an architect to verify buildability and zoning possibilities. Why settle for a condo when you can enjoy the privacy, space, and convenience of owning a true home in one of Queens’ most sought after neighborhoods?

25-22 45th Street Unit #1, Astoria

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.