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$1,389,000
1051047 MLS
***6 Family Building for Sale in Astoria - 7% Cap Rate*** Superbly maintained building offering investors an income generating opportunity without upfront renovation costs. Located in a warm and friendly Astoria neighborhood, one block away from 30th Avenue and a 10-minute walk to the train, this multi-family building experiences continuous tenant demand! SET-UP 1st Floor: (2) One-Bedroom Apartments / 2nd Floor: (1) One-Bedroom Apartment, (1) Two- Bedroom Apartment / 3rd Floor: (1) One-Bedroom Apartment, (1) Two- Bedroom Apartment BASEMENT - Full, Finished OUTDOORS - Backyard, side alley ___CAP RATE: 7%___Lot Size: 26 x 90___Bldg Size: 21 x 70___Taxes: $19,373___Zoning: R5___ Ready for immediate income generation with easy to rent apartments, this building is in great condition. LOCATION This prime Astoria spot is surrounded by popular dining, shopping, and entertainment options and is in a high demand area for renters. TRANSPORTATION Conveniently located just a 10-minute walk from the R/M subway station and walking distance to the N/W trains, providing quick access to Manhattan in under 20 minutes. With Citibike stations and multiple bus lines nearby, residents enjoy numerous transportation options.

44-05 28th Avenue, Astoria

$3,300,000
1051069 MLS
21-45 23rd Street is a well-maintained, four-story, 16-unit prewar walk-up ideally situated on the corner of 21st Avenue and 23rd Street in Astoria's highly desirable Ditmars-Steinway neighborhood. The current ownership schedule reflects 100% occupancy, consisting of 16 income-producing residential apartments. Full Offering Memorandum The property offers a compelling value-add opportunity. The asset demonstrates strong in-place cash flow while providing investors with meaningful income growth potential. With its prime location, consistent occupancy, and favorable rent roll, 21-45 23rd Street represents an attractive multifamily investment in one of Astoria's most established and supply-constrained residential neighborhoods.

2145 23rd Street, Astoria

$2,995,000
1045361 MLS
Presenting a rare opportunity to acquire a newly constructed eight-family multifamily property in the heart of Astoria, ideally situated just off 30th Avenue and 35th Street. The property consists of eight spacious one-bedroom, one-bathroom residences and offers an attractive combination of current income, operational efficiency, and meaningful future upside. The building was designed for long-term ownership with a streamlined, low-maintenance operating structure. It benefits from a valuable 15-year 421-a tax abatement in place through 2030, helping to significantly reduce real estate tax expenses and enhance current cash flow. Each apartment is separately metered, with tenants responsible for their own utilities, and all eight units are equipped with brand-new individual hot water tanks. A significant component of the investment opportunity is the property's rental upside. Current rents provide stable in-place income, while offering the potential for future rent growth and increased gross revenue as leases turn over and rents are adjusted where legally permitted. This creates an opportunity for a new owner to improve the property's income profile over time while benefiting from the existing tax abatement and efficient operating structure. Located in one of Queens' most desirable and established residential neighborhoods, the property is moments from the restaurants, cafés, shopping, nightlife, and conveniences that have made Astoria one of New York City's most sought-after rental markets. Convenient transportation provides easy access to Manhattan and further supports long-term tenant demand. With modern construction, eight income-producing units, low operating requirements, rental upside, favorable tax treatment, and a prime Astoria location, this property represents a compelling opportunity for an investor seeking both immediate cash flow and long-term appreciation potential.

28-29 35th 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

$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

$1,598,000
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

$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

$4,700,000
988332 MLS
MIXED USE NEW BUILDING FOR SALE in the Heart of Astoria! State of the Seven LUXURY ONE BEDROOM APARTMENT WITH TENANTS PAYING ALL UTILITIES .. PLUS COMMERCIAL SPACE ON GROUND FLOOR! This building is an exceptional high quality Luxury Elevator Building in the heart of Astoria! NEWLY Built 2014 with SEVEN, One Bedroom Apartments and ONE Commercial Space. FULLY OCCUPIED~. Tenants pay for all their own utilities separately. EACH APARTMENT HAS WASHER, DRYER, TERRACE, AND DISHWASHER! All units have Luxury Open Concept Living Room, Kitchens with Gorgeous Updated Bathrooms and Terrace! ALL the Utilities are in Excellent Condition. This property is a Free Market Building! Please call for more information! Real Estate Taxes are $1,800 PER YEAR.. Tax Abated until 2033.

4511 Broadway, 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

$13,000,000
949948 MLS
A rare opportunity to own a newly built, mixed-use elevator building in the heart of Broadway, Astoria. Constructed in 2021, this modern seven-story property offers a prime combination of location, amenities, and long-term investment potential in one of Queens’ most sought-after neighborhoods. The building features ten residential units and one ground-floor commercial space, offering diversified income. Residents enjoy contemporary finishes throughout, including floor-to-ceiling windows, quartz countertops, high-end stainless steel appliances, and in-unit washer and dryer. Select units feature private outdoor space, complemented by a communal rooftop terrace and patio. Additional amenities include an elevator, fitness center, storage area, rooftop, high-speed internet and cable readiness. Ideally located along Astoria’s vibrant Broadway corridor, the property is surrounded by acclaimed restaurants, cafes, nightlife, boutique shopping, and nearby parks. Convenient access to multiple subway lines and public transportation allows for an easy commute to Manhattan and beyond. A truly one of a kind asset offering luxury, convenience, and strong fundamentals in a premier Astoria location.

2309 Broadway, Astoria

$1,698,000
847506 MLS
Legal 6-Family Building in Prime Astoria Location!! An exceptional investment opportunity in the heart of Astoria! This well-maintained, fully occupied legal 6-family property features six spacious 2-bedroom, 1-bathroom units, all of which are rent-stabilized and home to reliable tenants. Property Highlights: Legal 6-Family Six 2-Bedroom / 1-Bathroom Apts All Units are Spacious & Well-Laid-Out Lot Size: 28x100 Building Size: 28x75 Zoning: R5 Full Basement Excellent Condition & Well Maintained Location, Location, Location! Ideally situated near top-rated schools, shopping, dining, and multiple transportation options. This property offers both stability and upside potential in one of Queens’ most desirable neighborhoods. Perfect for investors looking for a low-maintenance, income-generating asset in a high-demand rental market.

30-89 43rd Street, Astoria

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.