PRIME ASTORIA INVESTMENT OPPORTUNITY
CALLING ALL INVESTORS! This is a rare chance to acquire a 10-unit income-generating multifamily building in one of NYC's most sought-after neighborhoods. Perfect for savvy buyers looking for stable cash flow, long-term growth, and a prime location with high rental demand.
PROPERTY HIGHLIGHTS:
10 Residential Units – Ideal mix of unit types for strong occupancy and diverse income streams:
6 One-Bedroom Apartments
2 Two-Bedroom Apartments
2 Studio Apartments
8 Rent-Stabilized Units – Consistent, long-term income with reliable tenants
2 Free Market Units – Maximize rental potential and income
Building Size: 5,570 SQ FT
$ 30,398
Real Estate Taxes [Per Annum]
UNBEATABLE LOCATION:
Prime Astoria – Steps from subway stations, shops, top-rated restaurants, cafes, and more!
Surrounded by parks, schools, and a vibrant community, Astoria is one of NYC’s hottest rental markets.
Easy access to major roads and transportation options
.
TURNKEY INVESTMENT WITH HUGE UPSIDE:
Annual Gross Income: $172,000
Operating Expenses: $70,000
Net Operating Income (NOI): $102,000
Cap Rate: 4.08% – a strong return in a thriving, high-demand neighborhood!
Astoria is in high demand with limited inventory – don't miss your chance to own a stable, income-generating property with huge upside potential!
Active
Price increase: $250K (3/4)
$2,500,000
30-17 43rd St UNIT 1, Astoria, NY 11103
10beds
5,570sqft
Rental Unit
Built in 1928
-- sqft lot
$2,410,600 Zestimate®
$449/sqft
$-- HOA
What's special
- 65 days
- on Zillow |
- 77 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: May 06, 2025 at 11:18am
Listing by:
Modern Spaces 917-687-9365,
Daniela Petix-Gaudino
Source: StreetEasy,MLS#: S1757309
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
- Full bathrooms: 10
Interior area
- Total structure area: 5,570
- Total interior livable area: 5,570 sqft
Property
Features
- Has view: Yes
- View description: City
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Rental Unit
Condition
- Year built: 1928
Community & HOA
Community
- Subdivision: Astoria
HOA
- Services included: Maintenance
Location
- Region: Astoria
Financial & listing details
- Price per square foot: $449/sqft
- Date on market: 3/4/2025
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