
Description
**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.
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0BEDS
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0.11ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
**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.
© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAteer & Will Estates | Keller Williams Real Estate. Data last updated: 2025-04-30T00:19:39.39.