Prime 6-Family Investment Opportunity in Astoria/LIC
Welcome to 23-58 38th Street — a well-maintained 6-family property situated on a generous 50 x 100 ft. lot, zoned R5B, in the vibrant Astoria/Long Island City area. This rare offering includes a 25 x 100 buildable portion, making it ideal for builders or investors seeking value-add potential or redevelopment opportunities.
The property features six residential units configured as follows:
One 3-bedroom, 2-bath apartment
Four 2-bedroom apartments
One 1-bedroom apartment
All units are occupied and offer comfortable living spaces. Additional highlights include an extra-large backyard, 3-car garages, and proximity to the M & R subway lines. Located near popular restaurants, shops, parks, and public transportation, this is a must-see opportunity in one of Queens’ most desirable neighborhoods. A Must See
3,700 Sq Ft
5,000 Sq Ft Lot Size
commercial
US$20,207 Annual Tax
Built in 1931
MLS/Listing ID 947439
6 Units
Construction - Frame
Cooling - Multi-split AC
Heating - Oil
Heating - Hot Water
Lot - Near Public Transit
Parking - Private
Parking - Parking Lot
Parking - Garage
Parking - Driveway
Parking - Detached
Gas Water Heater
Lot - Near School
TOTAL MONTHLY COST
US$0
US$0
US$0