Astoria Homes with Multi Family Subtype

Astoria Homes with Multi Family Subtype

Astoria, located in Queens, New York, is a vibrant and diverse neighborhood that offers a unique blend of residential charm and urban convenience. With its rich history, lively atmosphere, and proximity to Manhattan, Astoria has become a sought-after destination for homebuyers looking for a vibrant community with a touch of old-world charm.

One of the appealing aspects of Astoria is its abundance of multi-family homes. These homes, with the subtype of "Multi Family," provide a great opportunity for buyers looking for both a place to live and an investment opportunity. Multi-family homes in Astoria typically consist of two or more separate living units, making them ideal for homeowners who want to live in one unit while renting out the others.

These multi-family homes in Astoria offer a range of options to suit different budgets and preferences. Whether you're looking for a traditional brownstone or a modern duplex, you'll find a variety of architectural styles and sizes to choose from. Many of these homes also come with attractive features such as private outdoor spaces, updated interiors, and convenient amenities.

Living in a multi-family home in Astoria allows residents to enjoy the benefits of a close-knit community while having the opportunity to generate rental income. With its convenient location, excellent transportation options, and a wide range of dining, shopping, and entertainment options, Astoria is an ideal place to call home for those seeking a dynamic and diverse neighborhood with multi-family housing options.

Newest Astoria Homes with Multi Family Subtype

$3,698,888
1020929 MLS
Luxury 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, cafés, 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.

3128 38th Street Unit #BLDG, Astoria
$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
$1,800,000
1009240 MLS
Investor opportunity. Mx used building including 1 commercial store + 2 apartments. Property can be delivered occupied with paying tenants or vacant as purchasers request. New roof installed summer 2025. Low tax rate.

23-66 Steinway Street, 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
$1,700,000
1007117 MLS
Calling for investors! A very well kept six family building for grab with 7.5% Cap rate. 5 two bedroom renovated apartments and 1 one bedroom. Full basement for storage, 3 garages and shared driveway. Excellent location! Just a block away from the 46th Street subway station on M/R train. All Broadway restaurants, cafes and shops are nearby. Call or email for the building full info.

3129 47th Street, Astoria
$1,995,000
1002350 MLS
Happy to announce our new exclusive listing located in the heart of Ditmars Boulevard in Astoria! This mixed-use property features a well-known and established restaurant on the ground floor along with two updated apartments on the second floor. Ideally positioned directly across from the LaGuardia Shopping Center and just minutes from LaGuardia Airport, this property offers exceptional convenience in one of Astoria’s most active commercial corridors. Some photos may be virtually staged for illustrative purposes.

4507 Ditmars Boulevard, Astoria
$1,698,000
1000736 MLS
20-70A Steinway Street presents a fantastic opportunity to acquire a mixed-use asset situated on one of Queens’ most iconic and high traffic thoroughfares. This well-maintained property offers a diversified income stream through a strategic blend of retail, residential units, and private indoor parking. Property Highlights - High Visibility Retail (1 Unit) - Residential Component (4 1br/1bth Apartments) - Private 2-Car Garage (1 Unit) The property is situated in the northern section of Steinway Street. The ground floor retail unit benefits from commercial zoning, which supports a wide array of high-street users. The retail and residential components provide fully occupied rentals. Private, enclosed parking garages are scarce commodities in Astoria, providing a value-add amenity to an apartment or a separate monthly income based upon a separate lease. Note: 20-70 Steinway Street is also available, consisting of a retail store, 3 residential apartments, and a garage.

2070A Steinway Street, Astoria
$2,490,000
999239 MLS
6 Apartments, 50% FREE MARKET, 1 Vacancy $17,500 Gross Income, $210k Annual $50k Expenses, $160k Net Income 6.4% CAP Rate with Upside on Rents Apartments are renovated, building is in good condition.

3155 35th Street, Astoria
$1,490,000
993912 MLS
CAP 6.5%!! Income 133,5K !! Legal 6-Family !! An excellent investment opportunity in a highly desirable neighborhood! This fully occupied 6-family building features six spacious units, each offering 3 bedrooms and 1 bathroom. All units are rent-stabilized and currently occupied by reliable tenants, providing steady income for investors looking to expand their portfolio. Basement: Full basement. Building Size: 28 X 68, Lot Size: 28 X 100, Zoning: R5. Only a 15-minute walk to the N/W 30th Ave Station, with the Q18 bus just 2 block away on Steinway St. Close proximity to major routes: Queensboro Bridge, Grand Central Parkway, and Triboro Bridge. ALL WELCOME

3022 44th Street, Astoria
$1,390,000
993908 MLS
Legal 6-Family !! An excellent investment opportunity in a highly desirable neighborhood! This fully occupied 6-family building features six spacious units, each offering 3 bedrooms and 1 bathroom. All units are rent-stabilized and currently occupied by reliable tenants, providing steady income for investors looking to expand their portfolio. Basement: Full basement. Building Size: 28 X 68, Lot Size: 28 X 100, Zoning: R5. Only a 15-minute walk to the N/W 30th Ave Station, with the Q18 bus just 2 block away on Steinway St. Close proximity to major routes: Queensboro Bridge, Grand Central Parkway, and Triboro Bridge.CAP close to 5%!! ALL WELCOME

3067 42nd Street, Astoria
$1,770,000
992050 MLS
ASTORIA 8-Unit GEM!!! Fantastic 8 unit building in the heart of Astoria!! Fully rented and grossing over $180k a year. Units:5- 2BR/1BA3- 3BR/1BA Taxes: $26,382/year Lot Dimensions: 25 x 100.83ft Zoning: R5 Please email for more information and a set up sheet.

3312 29th Street, Astoria
$4,500,000
990514 MLS
Excellent investment opportunity to own a **7-unit mixed-use building** in the heart of Astoria. This income-producing property consists of **4 residential apartments and 3 commercial units**, offering a strong and diversified revenue stream. The residential units provide stable rental income, while the commercial spaces benefit from strong street presence and consistent foot traffic. Conveniently located near transportation, shopping, dining, and the waterfront, the property is positioned in a highly desirable and active neighborhood. Ideal for investors seeking a well-located asset with steady income and long-term growth potential. **Building Details:** * Total Units: 7 * Residential Units: 4 * Commercial Units: 3 * Property Type: Mixed-Use

3067 14th Street, Astoria
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