**Prime Investment Opportunity in Astoria – 20-Unit Multi-Family Building**
This well-maintained 20-unit, 4-story walk-up in Astoria, Queens, presents a unique opportunity for investors. Owned by the same family for over 50 years, the property boasts strong fundamentals and potential for increased income.
The building offers a diverse mix of eight two-bedroom apartments, eight one-bedroom apartments, and four studio units, appealing to a broad tenant base. Its exceptional location provides easy access to major NYC transportation, top-rated schools, local hospitals, and a variety of shopping, dining, and entertainment options.
Astoria remains a sought-after residential neighborhood, ensuring steady demand and stable occupancy rates. The property is in good condition, allowing for low-maintenance management.
This investment features:
- **Low Risk:** Situated in a high-demand area with an established tenant base.
- **High Growth Potential:** Opportunities for rent increases and value-added improvements.
Whether you’re expanding your portfolio or venturing into real estate investment for the first time, this gem is a must-see. Don’t miss your chance to secure a solid, income-producing property in one of NYC’s top neighborhoods. Income, expense, and rent roll are attached or available upon request.
Active
$4,900,000
30-14 29th St #1A, Astoria, NY 11102
24beds
14,000sqft
Multi Family
Built in 1928
-- sqft lot
$2,459,200 Zestimate®
$350/sqft
$-- HOA
What's special
- 47 days
- on Zillow |
- 545 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: May 28, 2025 at 08:21am
Listing by:
Tapestry Real Estate of Queens 917-626-1419,
Daniel Tateosian
Source: StreetEasy,MLS#: S1770987
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 20
- Full bathrooms: 20
Features
- Flooring: Hardwood
Interior area
- Total structure area: 14,000
- Total interior livable area: 14,000 sqft
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1928
Community & HOA
Community
- Subdivision: Astoria
HOA
- Services included: Maintenance
Location
- Region: Astoria
Financial & listing details
- Price per square foot: $350/sqft
- Annual tax amount: $77,292
- Date on market: 5/13/2025
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