Homes for Sale with a Basement in Astoria, NY

This well-positioned asset is a rare find that offers investors an opportunity to acquire a free-market, income-producing property in one of Queens’ most desirable and rapidly growing neighborhoods. The building features a strong tenant mix and consistent cash flow, making it an ideal long-term hold for investors seeking stability and appreciation. The ground floor retail space is occupied by a popular and well-established restaurant with two years remaining on its lease, providing reliable commercial income. Above the retail space are three residential units, consisting of one three-bedroom apartment, one two-bedroom apartment, and one one-bedroom apartment, all currently occupied and all are month to month. The property has been meticulously maintained and thoughtfully upgraded, with high ceilings and offering a true turn-key investment with minimal to no immediate capital requirements. Strategically located in prime Astoria, the property sits just one block from Northern Boulevard and is only a five-minute walk to the R/M subway station, providing excellent access to Manhattan and surrounding neighborhoods. The area is surrounded by vibrant retail corridors, renowned restaurants, and continued residential growth, making Astoria one of Queens’ most sought-after investment markets. 43-06 34th Avenue represents an exceptional opportunity to acquire a free-market mixed-use asset with immediate cash flow and significant long-term upside in a premier Queens location.

43-06 34 Avenue, Astoria

$1,899,000

5 Beds ⋅ 4 Baths ⋅ 970460 MLS

A Rarely Offered Astoria Investment with Exceptional Utility This thoughtfully reimagined Astoria property pairs two modern duplex residences with a substantial commercial-grade garage, an uncommon offering that blends residential design with meaningful income potential. Comprehensively renovated and extended in 2014, the building was rebuilt with an emphasis on quality and longevity, including updated electrical and plumbing systems, structural reinforcement, Andersen windows, a new roof, and split-system heating and cooling throughout. The property features two well-designed duplex homes, each offering open living and kitchen spaces with 9-foot ceilings, hardwood floors, three bedrooms, and two bathrooms. Both residences enjoy private outdoor patios and dedicated hot water systems. A defining feature of the property is the 625-square-foot three-car garage built with commercial-grade concrete and cinder block construction. With 14-foot ceilings and an additional overhead storage level of approximately 620 square feet, the structure offers flexibility rarely found in residential properties. Two additional outdoor parking spaces bring the total to five parking spaces, with the garage offering standalone rental potential. Situated on a quiet tree-lined street just moments from Astoria’s vibrant Broadway corridor, the property is close to neighborhood cafés, restaurants, and shops, with convenient access to the R and M subway lines for a swift commute to Manhattan. Income and operating details available upon request.

31-73 41st Street, Astoria

$3,250,000

970850 MLS

NY Space Finders proudly presents 43-04 34th Avenue, a mixed-use property located in the heart of Astoria, Queens. The building features one ground-floor commercial space currently leased to a restaurant/lounge tenant with a long-term lease in place. The residential portion of the property consists of four apartments, including three (3) one-bedroom units and one (1) two-bedroom unit, all currently leased on one-year terms. All residential units are free-market. The property has been well maintained with updated plumbing and electrical systems throughout the building. Located in prime Astoria, the property is situated one block from Northern Boulevard and approximately a five-minute walk to the R/M subway lines, providing convenient access to Manhattan and surrounding neighborhoods. This property offers a stable mixed-use investment opportunity in one of Queens’ most active residential and commercial markets. Featured Commercial Sales.

4304 34th Avenue, Astoria

$3,595,000

967803 MLS

Presenting a fantastic opportunity to acquire a well-maintained 12-unit multifamily building located in the highly sought-after neighborhood of Astoria, Queens. Built in 2004, this modern building boasts a desirable mix of 8 one-bedroom apartments and 4 two-bedroom apartments, offering excellent rental demand and consistent income potential, with plenty of upside in the current rental rates due to the possibility of free market lease conversion on lease renewals. The property features a super-low vacancy rate , highlighting its strong appeal to tenants and providing immediate cash flow for investors. Each unit is equipped with separate utilities, ensuring low maintenance costs and minimal management hassle. The building is strategically located in one of Queens' most vibrant areas, known for its diverse culture, thriving dining scene, and easy access to public transportation and Manhattan. This is a prime investment opportunity for both seasoned investors and those looking to break into the thriving Astoria market. With a strong rental history and a solid construction foundation, this property offers long-term value and growth potential with the free market lease conversion plus the installation of laundry facilities. Don’t miss the chance to own a piece of Astoria’s real estate boom!

30-74-76 30th Street, Astoria

$1,888,000

5 Beds ⋅ 4 Baths ⋅ 968007 MLS

Offered at a premium price, this well-maintained two-family home with a walk-in apartment presents an excellent opportunity for both investors and end-users in one of Astoria’s most sought-after neighborhoods. The property features a recreational walk-in unit, a second floor with multiple bedrooms and bathrooms currently rented, and a third floor with multiple bedrooms and bathrooms also rented. Additional highlights include private parking spaces plus a garage — a rare luxury in Astoria. With solid income, flexible living options, and great upside potential, this property is ideal for buyers seeking a strong investment or a live-with-income opportunity. Conveniently located near transportation, shopping, and dining.

2504 42nd Street, Astoria

$2,588,888

960680 MLS

Here’s a revised version that clearly emphasizes the mixed-use income component, keeps a professional tone, and stays concise as you prefer: Revised Description: This mixed-use income-producing property is located on high-traffic Steinway Street in Astoria. Built in 1920, the building offers approximately 3,420 sq ft on a 1,900+ sq ft lot and consists of two residential income units above a ground-level commercial space, plus a full basement. The commercial unit provides strong rental potential in a prime retail corridor. The second-floor residential unit is a fully renovated three-bedroom apartment (2024) featuring modern finishes and stainless steel appliances. The third-floor unit is a well-maintained three-bedroom, one-bath apartment. Additional highlights include a brand-new boiler and consistent income from the two upper residential levels, making this a solid investment in a high-demand location.

2541 Steinway Street, Astoria

$249,000

2 Beds ⋅ 1 Baths ⋅ 958889 MLS

LOWEST price TWO BEDROOM in ASTORIA is the Best indication of SELLER MOTIVATION!!! The unit is being sold with an established existing tenant paying $2,000 per month on a "No Lease" basis. One of the "Hot Spots" in Astoria on the "quiet top floor"... No noise above you and views! Washer, dryer, and dishwasher are allowed in the unit. An exceptional 2-bedroom co-op in the desirable Acropolis Astoria. Natural light streams in through large windows in every room, creating a bright and airy ambiance. The Acropolis offers amenities such as a laundry room, a serene private garden, and convenient bike storage. This co-op allows for subletting and co-purchasing, making it a flexible living option. Conveniently located in the heart of Astoria, you're just a short walk to the N/W subway station, offering an easy 30-minute commute to Manhattan. Additionally, you'll find yourself near major highways, shopping centers, authentic dining establishments, bars, cafes, and stores. IN UNIT WASHER/DRYER & DISHWASHER ARE ALL PERMITTED!

21-05 33 Street Unit #5F, Astoria

$249,000

2 Beds ⋅ 1 Baths ⋅ 959006 MLS

LOWEST price TWO BEDROOM in ASTORIA is the Best indication of SELLER MOTIVATION!!! The unit is being sold with an established existing tenant paying $2,000 per month on a "No Lease" basis. One of the "Hot Spots" in Astoria on the "quiet top floor"... No noise above you and views! Washer, dryer, and dishwasher are allowed in the unit. An exceptional 2-bedroom co-op in the desirable Acropolis Astoria. Natural light streams in through large windows in every room, creating a bright and airy ambiance. The Acropolis offers amenities such as a laundry room, a serene private garden, and convenient bike storage. This co-op allows for subletting and co-purchasing, making it a flexible living option. Conveniently located in the heart of Astoria, you're just a short walk to the N/W subway station, offering an easy 30-minute commute to Manhattan. Additionally, you'll find yourself near major highways, shopping centers, authentic dining establishments, bars, cafes, and stores. IN UNIT WASHER/DRYER & DISHWASHER ARE ALL PERMITTED!

21-78 35 Street Unit #5F, Astoria

$1,888,888

952605 MLS

Six dwelling House, Bsmt--Partial Finished. 1st FL--2Brs with 1Bath Apt; 1Br Apt with 1Bath Apt. 2nd FL--2Brs with 1Bath Apt; 1Br Apt with 1Bath Apt. 3rd FL--2Brs with 1Bath Apt; 1Br Apt with 1Bath Apt.

34-30 28th Street, Astoria

$1,550,000

923138 MLS

Family owned for over 35 yrs. An income producing 6 family brick property for sale in the heart of Astoria. 1 of 3 building portfolio offering including the 6 family property next door, driveway with garages included. All located in same vicinity. Garages located in the rear of the property. Lot Size: 25' x 97.5' R5 Zoning. Inquire regarding set up.

34-35 33rd Street, Astoria

$1,399,000

938433 MLS ⋅ Paris Baguette. BLDG.

Paris Baguette-- Bakery CAFE: located in very busy area, provides Coffee, Sandwiches, Cake, many varties of Pastries. All pastries are prepared in house. Very busy and attractive Location. accommodation for eating . Ordering on line order available. Usable sq ft 3,160 Seperate office area on 2nd fl, Full basement, freezers, storage etc. Income yearly $ 1,500.000.00 , after all expenses net $280,000.00 yearly. Tenant pays some taxes, heat, gas, water. Lease for 12 years, renewable base on tenant performance. Price for purchasing Business $1,500,000. All expenses can be shown to substantiate a profit of $ 280,000.00 yearly .

22-20 31st street, Astoria

$37,000

931303 MLS

Beautiful Colombian bakery for sale This business has an excellent and loyal customer base, built on the quality and authentic flavor of its traditional Colombian products It offers a wide variety of fresh breads, arepas, almobanas, pandebonos, empanadas, cakes, and traditional desserts that make customers feel “just like home.” The bakery is fully equipped with production machinery, an industrial oven, display cases, refrigerators, and all the necessary equipment to continue operations seamlessly. Its privileged location in Sunnyside guarantees high foot traffic and visibility, ensuring a constant flow of customers. The area is highly commercial, surrounded by shops, restaurants, supermarkets, and public transportation stations.

41-02A Green Point Avenue, Astoria

Homes for Sale with a Basement in Astoria, NY

All Homes for Sale with a Basement in Astoria, NY