Investment Opportunity: Mixed-Use Building at 25-26 30th Avenue, Astoria, NY 11102
Prime mixed-use property in the heart of vibrant Astoria! This 2-story building features two fully occupied 2-bedroom, 1-bath residential apartments and a ground-floor commercial laundromat, generating high, stable income with exceptionally low operating expenses.
Income Breakdown (Annual)
Commercial Laundromat: $85,971/year
2nd Floor Unit (2 Bed / 1 Bath): $33,600/year ($2,800/month)
2nd Rear Unit (2 Bed / 1 Bath): $30,600/year ($2,550/month)
Total Gross Annual Income: ˜ $150,171
Expense Advantages
Laundromat tenant covers 2/3 of the property taxes
Residential tenants pay their own utilities (electric, gas, heat, hot water)
Results in minimal operating expenses and excellent net returns
Residential Units
Both 2-bedroom, 1-bath apartments are currently rented and well-maintained. Tenants enjoy spacious layouts, large kitchens, generous bedrooms, and the major convenience of an on-site laundromat.
Commercial Space
Fully leased to a long-running laundromat that provides reliable income while significantly offsetting building expenses.
Location & Neighborhood
Situated on 30th Avenue in the highly desirable Ditmars-Steinway section of Astoria. Steps away from restaurants, cafes, supermarkets, parks, and the N/W subway lines, offering a fast commute to Manhattan. Strong rental demand supports continued high occupancy and future appreciation.
This is a true turnkey, income-producing asset with predictable cash flow, built-in expense offsets, and minimal landlord responsibilities. Perfect for investors seeking a hands-off mixed-use property in one of Queens’ strongest neighborhoods.
Serious inquiries only. Contact for full financials, rent rolls, expense reports, and private showing.
All figures provided for informational/marketing purposes. Buyers are encouraged to perform their own due diligence and verify all information.
Featured Commercial Sales.
3,060 Sq Ft
1,800 Sq Ft Tamaño del lote
otros
1136 US$ Impuesto mensual
Creado en 1931
MLS/ID del anuncio 1001397
2 Unidades
Conexión para lavadora/secadora.
Public Sewer
Public Water
Construction - Brick
Cooling - Wall/window unit(s)
Heating - Baseboard
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