PRIME ASTORIA INVESTMENT OPPORTUNITY
10-Unit Rent-Stabilized Multifamily Building
CALLING ALL INVESTORS!
Rare opportunity to acquire a 10-unit income-generating multifamily building in the heart of Astoria, one of NYC’s most desirable and high-demand rental markets. Perfect for investors seeking stable cash flow, long-term growth, and excellent location fundamentals.
PROPERTY DETAILS
Unit Mix:
• 6 One-Bedroom Apartments
• 2 Two-Bedroom Apartments
• 2 Studio Apartments
Building Size: 5,570 SQ FT
Annual Taxes: $30,398
FINANCIALS
Gross Annual Income: $192,000
Operating Expenses: $70,000
Net Operating Income (NOI): $122,000
Cap Rate: 4.68%
LOCATION HIGHLIGHTS
Prime Astoria location – steps from subway stations, restaurants, cafes, shops, and parks
Surrounded by schools and a vibrant community
Excellent access to Manhattan and major transportation routes
INVESTMENT UPSIDE
A well-maintained, fully occupied property with stable tenants and room for rent growth over time. Limited inventory in Astoria makes this an exceptional opportunity to acquire a turnkey asset with strong returns and long-term appreciation potential.
CONTACT US TODAY
For additional information or to schedule a private showing. Don’t miss this high-performing asset in one of NYC’s strongest rental submarkets.
Active
$2,500,000
30-17 43rd St UNIT 1, Astoria, NY 11103
10beds
5,570sqft
Rental Unit
Built in 1928
-- sqft lot
$2,286,000 Zestimate®
$449/sqft
$-- HOA
What's special
- 163 days
- on Zillow |
- 113 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 05:17pm
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
Location
- Region: Astoria
Financial & listing details
- Price per square foot: $449/sqft
- Date on market: 3/4/2025
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