Investor Opportunity – High-Income Legal Two-Family | Prime Astoria- 1031 Exchange Eligible
Turnkey legal two-family property located just two subway stops from Manhattan, in one of NYC’s strongest short-term rental markets.
Both units are currently operating as high-performing short-term rentals, generating consistent income in a high-demand location. Income documentation available upon request for qualified buyers.
"Offer Accepted"
The property features two fully renovated two-bedroom apartments, each designed with modern finishes, sun-filled layouts, and strong rental appeal:
First-floor unit with front and rear patios
Second-floor unit with front balcony and private rear terrace
Additional highlights include:
- Gourmet kitchens with Quartz countertops & premium appliances
- Spacious living areas with abundant natural light
- Finished basement with half bath for added flexibility
- Excellent overall condition (recently updated interiors)
Located near Steinway and Ditmars dining, shopping, nightlife, and major transit options—making it highly attractive for both short-term and long-term tenants.
The property is actively operated as a short-term rental with guests in residence. Showings are coordinated following accepted offers. Serious investors are encouraged to review the virtual tour and request financials prior to submitting.
1031 exchange eligible.
A rare opportunity to acquire a cash-flowing asset in a prime Astoria location.
1,530 Sq Ft
0.35 Private Acres Lot Size
other
$6,873 Annual Tax
Built in 1880
MLS/Listing ID 967198
2 Units
Porch
Terrace
Lot - Near Public Transit
Electric Dryer Hookup
In Basement
Washer Hookup
Eat-in Kitchen
Entrance Foyer
High Speed Internet
Kitchen Island
Recessed Lighting
Walk-in Closets
Heating - Baseboard
Heating - Electric
Hardwood
Backyard
Fenced
Front Yard
Vinyl
Balcony
Cooling - Wall/window unit(s)
Washer/Dryer Hookup
Open kitchen
Double Pane Windows
Covered
Patio
Construction - Frame
Construction - Vinyl Siding
Association - Park
Open Floor Plan
TOTAL MONTHLY COST
$0
$0
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