2242 41st St, Astoria, NY 11105

Studio-- baths3,400 sqft

Pending
$1,379,998
Zestimate®: $525,724
Est. Mortgage
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My Notes

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Very rare 4-Family home for sale in Astoria (current inventory is 3 total 4-family homes for sale in all of Astoria). A recently installed brass skylight elevates the foyer into a grand space, flooded with natural light. This 4-family home includes four separate units each having their own, respective kitchens and bathrooms. Each unit is approximately 850 Sq. Ft. making the total combined square footage of the home a massive 3,400 sq. ft. All the units are in move in ready condition. Currently, the subject is fully tenant occupied on a month-to-month lease with one tenant?s lease set to expire in 1 year. Each unit in the property is a two-bedroom one-bathroom apartment. The home includes a spacious backyard and oversized semi-finished basement. Located across the street from PS 84 and quick walking distance from the N and Q. Gross potential rental income is $96,000 with an estimated net operating income of $78,000.
Four-Family Home
Price: $1,379,998
Showing Times
Open House:
Sundays between 12pm and 2pm
Tuesdays (by appointment only)
Thursday (by appointment only)
To schedule a showing please call/ text Glenn Xamo (347)515-9452 or John Chang (917) 209-6200
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Facts

  • Multi Family
  • Built in 1925
  • 280 days on Zillow
  • Price/sqft: $406
  • MLS #: 9799

Features

  • Deck
  • Fenced Yard
  • Partial basement
  • Storage

    Appliances Included

    • Dishwasher

    Construction

    • Roof type: Other
    • Structure type: Other
    • Unit count: 0

    Other

    • Floor size: 3,400 sqft
    • Heating: Oil
    • Zillow Home ID: 2108986117

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $525,724
    -$30,012 Last 30 days
    $442K
    $599K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $2,065/mo
    -$4 Last 30 days
    $1.6K
    $2.7K
    Zestimate range

    Comparable Homes

    Homes like this sold for $350-835K.

    $300K
    $880K

    Popularity on Zillow

    440 views since listing
    1,780 all-time (chart)
     

    Home Expenses

    Internet, phone and TV
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    Home Insurance

    Neighborhood

    Market guide

    Zillow predicts Astoria home values will increase 2.2% next year, compared to a 2.3% rise for New York as a whole. Among Astoria homes, this home is 113.7% more expensive than the midpoint (median) home, but is priced 35.3% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Astoria, the number of foreclosures waiting to be sold is 373.8% higher than in New York, and 15.1% greater than the national average. This higher local number may prevent Astoria home values from rising as quickly as other regions in New York.

    Learn more about forecast calculations or Astoria home values.
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      Nearby Schools in New York

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org