Astoria Investment with Desirable Cap Rate & Strong Upside
Exceptional opportunity to acquire a well-maintained brick 6-family building in one of Queens’ most sought-after neighborhoods. Three of the apartments are free-market, providing flexibility and income growth potential. Four of the six units have been gut-renovated in recent years, offering modern finishes that attract quality tenants and support strong rental demand.
Recent upgrades—including a new gas boiler, new water heater, and a 2021 roof repair—ensure minimal near-term maintenance. Private outdoor spaces, including a rear yard and roof decks, present additional income potential through outdoor space leasing.
Located steps from top dining, shopping, and transportation, this property delivers stable income, a desirable cap rate, long-term appreciation potential, and multiple value-add opportunities for savvy investors.
Active
Price cut: $40K (10/10)
$1,949,000
43-16 25th Avenue, Astoria, NY 11103
12beds
--sqft
Multi Family
Built in 1929
-- sqft lot
$1,980,400 Zestimate®
$--/sqft
$-- HOA
What's special
Modern finishesRoof decksRear yardPrivate outdoor spaces
- 114 days |
- 265 |
- 14 |
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