Active
30-14 29 Street
Astoria NY, 11102
$4,900,000
$350.00 per sqft
Active
14,000 sqft
Commercial
Built in 1928
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.
817117
MLSⓇ ID
January 24, 2025
Listed
February 12, 2025
Updated
Interior Features
Total Stories
4
Appliances
Gas Range, Oven, Refrigerator
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Oil
Exterior/Building Features
Lot Size
0.11 Acres
Lot Features
Back Yard, Level, Near Public Transit, Near School, Near Shops
Sewer
Public Sewer
Other Property Details
Taxes
$77,294
Tax Frequency
Annually
Days on Market
6
Garage
No
Parking
None
Parking Total
0
View
No
County
Queens
Water Source
Public
Pool
No
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Zoning
R6A
Listed by James S. Powers Daniel H. Tateosian with Tapestry Real Estate of Queens
Listing Contact: 718-460-1943
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Maria Sakellis shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 10:19 AM UTC, 2/12/2025