Astoria Homes with See Remarks Basement

Astoria Homes with See Remarks Basement

Astoria, a vibrant neighborhood located in Queens, New York, is a sought-after destination for those seeking a mix of urban convenience and suburban charm. Situated in the western part of Queens, Astoria offers a diverse community, rich history, and a wide range of amenities.

Known for its lively atmosphere, Astoria is home to a variety of restaurants, cafes, bars, and shops. With a strong Greek influence, the neighborhood boasts numerous Greek restaurants and cultural events, making it a haven for food enthusiasts and those interested in experiencing different cultures.

Astoria is also famous for its stunning architecture, with a mix of historic brownstones, pre-war buildings, and modern high-rises. Many homes in the area come with the desirable feature of a basement, providing extra space and storage options. Whether you're looking for a cozy apartment or a spacious family home, Astoria has a range of real estate options to suit different needs and budgets.

In addition to its vibrant urban life, Astoria offers access to beautiful parks and waterfront areas. Astoria Park, located along the East River, provides stunning views of the Manhattan skyline and offers recreational activities such as swimming, tennis, and jogging.

With its convenient location, excellent transportation options, and diverse community, Astoria has become a popular choice for both young professionals and families looking to settle down. If you're searching for a home with a basement in a lively neighborhood with a rich cultural heritage, Astoria may be the perfect place for you.

Newest Astoria Homes with See Remarks Basement

$2,875,000
1038965 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!

14-18 31st Street, 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.