Description

Premier Multifamily Investment Opportunity in the Heart of Astoria

Situated in the heart of Astoria, one of New York City's most established and desirable multifamily investment markets, this six-family property presents a rare opportunity to acquire a well-located income-producing asset in a neighborhood defined by exceptional rental demand, limited inventory, and long-term appreciation.

Positioned on a quiet residential block between 30th Avenue and 31st Avenue, the property benefits from an ideal balance of neighborhood charm and urban convenience. Residents enjoy immediate access to Astoria's renowned restaurant and café scene, boutique shopping, neighborhood parks, and everyday conveniences, while remaining just minutes from multiple subway lines providing a seamless commute to Midtown Manhattan and other major employment centers.

The property consists of six residential apartments across three stories and sits on a 25-foot-wide lot, offering an attractive footprint in one of Queens' most sought-after residential enclaves.

Astoria has consistently demonstrated strong occupancy levels and resilient rental demand, making it one of New York City's premier neighborhoods for multifamily investment. The area's ongoing residential growth, thriving commercial corridors, and continued neighborhood investment support long-term value appreciation while providing investors with stable cash flow and future income growth potential.

Whether acquired as a long-term hold or as part of a value-enhancement strategy, this offering presents an exceptional opportunity to own a trophy multifamily asset in one of Queens' most dynamic and supply-constrained rental markets.

There are 5, 2 bedroom 1 bathroom units.
There is 1, 1 bedroom 1 bathroom unit.
There are 3 garage spaces
Building is in excellent condition
Listing courtesy of Corcoran Group ...
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