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$1,300,000
5 Beds ⋅ 2 Baths ⋅ 1049746 MLS
House needs extensive repairs, no appliances, as is condition.

23-33 24th Street, Astoria
$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
$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
$3,750,000
952603 MLS
Mixed use building for sale. Zoning C1-3, R6A, Three Stores with 6 Apts, Bsmt--Partial Finished. 1st FL--3 Stores. 2nd FL--2Brs with 1Bath Apt; 1Br Apt with 1Bath Apt. 3rd FL--2Brs with 1Bath Apt; 1Br Apt with 1Bath Apt. 4th FL--2Brs with 1Bath Apt; 1Br Apt with 1Bath Apt.

31-02 35th Street, Astoria
$5,495,000
844077 MLS
Prime Mixed-Use Investment Opportunity in Astoria, NY Situated on a high-visibility corner lot at 3801 31st Avenue, just off Steinway Street, this remodeled mixed-use elevator building is a rare opportunity in the heart of Astoria. Boasting nine spacious one-bedroom residential units and two generously sized commercial spaces, this C1-3/R6A zoned property offers a perfect blend of residential comfort and commercial appeal. Each unit is thoughtfully designed with central HVAC, tasteful finishes, and modern fittings. The building benefits from exceptional exposure in a densely populated, high-traffic neighborhood, making it an ideal location for both residents and businesses alike. A 421A tax abatement, effective until 2031, significantly reduces tax burdens on the residential units, ensuring strong long-term savings for investors. Additionally, the commercial units benefit from an ICAP tax abatement through 2030, further enhancing profitability. Conveniently located just minutes from the M and R subway lines at Steinway Street and multiple bus routes, the property offers excellent accessibility to Midtown Manhattan and beyond. This turnkey investment presents an unparalleled opportunity in one of Queens’ most sought-after neighborhoods. Don’t miss out on this high-yield asset with unbeatable tax incentives and prime location benefits!

3801 31st Avenue, Astoria

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