$4,900,000

3014 29 Street , Astoria, NY 11102

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:14,000 sqft
Lot:Unknown
Year Built:1928
Listing Status:Active

Listing Agent

James S Powers
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We cannot obtain a street view for this location. Please See Google Maps for any possible street views and other mapping views.
Loan Amount:
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Description

Prime Investment Opportunity in Astoria – 20-Unit Multi-Family Building Income, expense, and rent roll available. This rare 20-unit, 4-story walk-up is a standout in the highly desirable neighborhood of Astoria, Queens. The same family has owned and lovingly maintained it for over 50 years, so this property presents a unique chance to acquire a well-cared-for asset with strong fundamentals. The building features a diverse unit mix of eight two-bedroom apartments, eight one-bedroom apartments, and four studio units, ensuring broad tenant appeal. Its unparalleled location offers convenient access to major NYC transportation, top-rated schools, thriving local hospitals, and an array of shopping, dining, and entertainment options. Astoria remains one of the most sought-after urban residential neighborhoods, guaranteeing steady demand and stable occupancy rates. The long-time superintendent has meticulously maintained the property, ensuring seamless management for its next owner. This investment offers: Low Risk: Situated in a high-demand area with an established tenant base. High Growth Potential: Significant opportunities for rent increases and value-added enhancements. Whether expanding your portfolio or making your first foray into real estate investment, this gem is a must-see. Don’t miss this chance to secure a solid, income-producing property in one of NYC’s top neighborhoods.

Detailed Items

Other Information

3014 29 Street, Astoria, NY, 11102 is a commercial sale listing of 14,000 sqft on a lot of Unknown. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property3014 29 Street, Astoria, NY
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