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

  

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