For Sale

Listing Provided by Tapestry Real Estate of Queens

30-14 29 Street,
Astoria, NY 11102

$4,900,000

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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.

Features of 30-14 29 St.

MLS# 817117
Price $4,900,000
Total Taxes $77,294
Bathrooms
Square Footage 14,000
Lot Square Footage 5,000
Acres 0.00
Year Built 1928
Type Commercial
Sub-Type Multi Family
Status Active

Community Information

Address 30-14 29 Street
City Astoria
County Queens
State NY
Zip Code 11102

Amenities

Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Parking None
Is Waterfront No
Has Pool No

Interior

Appliances Gas Range, Oven, Refrigerator
Heating Oil
Cooling None
Fireplace No
# of Stories 4
Has Basement Yes
Basement Partially Finished

Exterior

Lot Description Back Yard, Level, Near Public Transit, Near School, Near Shops
Construction Brick

Additional Information

Listing Provided Courtesy of: Tapestry Real Estate of Queens; 718-460-1943

Date Listed January 24th, 2025
Days on Market 6
Zoning R6A
Short Sale No
RE / Bank Owned No

Offer is made only to participants of the MLS where the listing is filed.

Listing Map

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