Investor-friendly 3-family brick home in prime Astoria / Long Island City border, situated on a 25' x 100' lot and featuring 5 total bedrooms across 3 rental units, with one unit currently vacant and potential for full vacancy. Ideal for investors or owner-occupants seeking strong rental income and flexibility. Includes hardwood and tile flooring, gas heat with radiator system, partially finished basement, and a fenced backyard with patio. Zoned R5 with an FAR of 1.05 (max 1.25), offering potential for minor expansion. Located near Northern Boulevard, Steinway Street, M and R subway lines, and the Kaufman Arts District, this property offers solid long-term upside in a high-demand area.
In contract
Price cut: $100K (9/2)
$1,688,000
3287 38th St, Astoria, NY 11103
5beds
2,576sqft
Multi Family
Built in 1920
-- sqft lot
$1,594,400 Zestimate®
$655/sqft
$-- HOA
What's special
Brick homePartially finished basementHardwood and tile flooringFenced backyard with patio
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