106-18 Astoria Boulevard, E. Elmhurst, NY 11369

$2,288,000

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List Price
$2,288,000
Days on Market
146
MLS#
968124
Number Of Families
6
Status
ACTIVE

Property Description

Built in 2021, this legal 6-family new construction building offers a turnkey investment opportunity with all units currently occupied, allowing the next owner to immediately begin collecting rental income. The property features two studio apartments, two 1-bedroom units with private balconies, and two 2-bedroom units with balconies. The building operates as free-market rentals, providing strong income potential and flexibility for investors. Designed with efficiency in mind, the building includes separate boilers, heating systems, electric meters, and gas meters for each unit, helping keep operating costs low, with the owner responsible only for water. Conveniently located near LaGuardia Airport with easy access to the Grand Central Parkway and the 7 Train, as well as multiple bus routes, providing a quick commute to Manhattan and surrounding boroughs. The property is also close to Flushing Meadows–Corona Park and Citi Field, along with numerous restaurants, shopping options, and everyday conveniences. This property can be purchased individually or as part of a portfolio with the adjacent buildings at 31-04 107th Street and 106-18 Astoria Boulevard, presenting a rare opportunity to acquire three attached income-producing buildings.

Additional Information

Year Built
2021
School District
Queens 25
Elementary School
Helen M Marshall School (Grades Kg-5)
High School
Flushing High School
Total Taxes
31028
Heating
Baseboard, Natural Gas
Parking
None
Basement
Full
Water
Public
Sewer
Public Sewer
Taxes
$31,028

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Listing courtesy of Listing Agent: Hillary Y. Li CBR (hillaryli@danielgale.com) from Listing Office: Daniel Gale Sothebys Intl Rlty.

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.