30-74-76 30th Street, Astoria, NY 11102

$3,595,000

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List Price
$3,595,000
Days on Market
147
MLS#
967803
Number Of Families
12
Status
ACTIVE
Lot Size
3704

Property Description

Presenting a fantastic opportunity to acquire a well-maintained 12-unit multifamily building located in the highly sought-after neighborhood of Astoria, Queens. Built in 2004, this modern building boasts a desirable mix of 8 one-bedroom apartments and 4 two-bedroom apartments, offering excellent rental demand and consistent income potential, with plenty of upside in the current rental rates due to the possibility of free market lease conversion on lease renewals. The property features a super-low vacancy rate , highlighting its strong appeal to tenants and providing immediate cash flow for investors. Each unit is equipped with separate utilities, ensuring low maintenance costs and minimal management hassle. The building is strategically located in one of Queens' most vibrant areas, known for its diverse culture, thriving dining scene, and easy access to public transportation and Manhattan. This is a prime investment opportunity for both seasoned investors and those looking to break into the thriving Astoria market. With a strong rental history and a solid construction foundation, this property offers long-term value and growth potential with the free market lease conversion plus the installation of laundry facilities. Don’t miss the chance to own a piece of Astoria’s real estate boom!

Additional Information

Year Built
2004
Stories
3
School District
Queens 30
Elementary School
Ps 234
Middle School
Albert Shanker Sch-Visual/Perf Arts
High School
Long Island City High School
Total Taxes
39894
Heating
Natural Gas
Parking
None
Basement
Finished
Water
Public
Sewer
Public Sewer
Taxes
$39,894

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Theodosis Neocli (theo@astoriarealty.com) from Listing Office: Astoria Realty Brokerage Svcs.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.