32-87 38th Street, Astoria, NY 11103

$1,550,000
5
BD
4
BA

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Sold Price
$1,550,000
Status
CLOSED
Style
Other
Bedrooms
5
Bathrooms
4
Closing Date
Dec 15, 2025
MLS#
890203

Property Description

Investor-friendly 3-family brick home in prime Astoria / Long Island City border, situated on a 25' x 100' lot and featuring 5 total bedrooms across 3 rental units, with one unit currently vacant and potential for full vacancy. Ideal for investors or owner-occupants seeking strong rental income and flexibility. Includes hardwood and tile flooring, gas heat with radiator system, partially finished basement, and a fenced backyard with patio. Zoned R5 with an FAR of 1.05 (max 1.25), offering potential for minor expansion. Located near Northern Boulevard, Steinway Street, M and R subway lines, and the Kaufman Arts District, this property offers solid long-term upside in a high-demand area.

Additional Information

Lot Size
2499
Basement
Full, Storage Space
Year Built
1920
School District
Contact Agent
Taxes
$10,179
Heating
Natural Gas, Other
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ruslan Mingazov (info@expansionteamnyc.com) from Listing Office: RE/MAX Edge.

Selling Office: Buyer Representation Office.

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.