Introducing a rare investment opportunity right off Broadway in the heart of Astoria: 31-11, 31-13, and 31-15 30th Street, built in 1998, three adjacent free market 6-family buildings offered as a package deal. Located just steps from the N/W subway and surrounded by one of Queens’ most vibrant commercial corridors, this portfolio offers scale, location, and long-term upside.
Each solid brick building contains six free market residential units, allowing full flexibility in rent increases and repositioning strategies. The properties are well-maintained and income-producing, with significant potential to increase NOI through unit upgrades and rental adjustments.
Each building showcases character and charm, with beautifully maintained common areas featuring exposed brick hallways that set a warm, inviting tone.
First Floor:
One studio apartment
One rear duplex apartment with two full bathrooms and private backyard access
Second Floor:
Two one-bedroom apartments, each with their own private balcony
Top Floor:
Two loft-style one-bedroom apartments, each with a mezzanine level ideal for a home office, complete with skylights that flood the space with natural light
The basement includes a coin-operated washer and dryer, providing added convenience for tenants.
With 18 total apartments, this is an ideal acquisition for investors seeking stable cash flow, future growth, or a 1031 exchange. Situated in a high-demand rental market with low vacancy rates and strong tenant demand, this is a turnkey opportunity in a prime Astoria location. Full rent roll and financials available upon request.
Active
$5,800,000
31-13 30th St #18FREEMARKET, Astoria, NY 11106
18beds
--sqft
Rental Unit
Built in 1998
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Solid brick buildingDuplex apartmentPrivate backyard accessLoft-style one-bedroom apartmentsStudio apartmentExposed brick hallwaysCoin-operated washer and dryer
- 90 days |
- 278 |
- 6 |
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