Investor Opportunity – Legal Two-Family | 1031 Exchange Eligible | Prime Astoria
Rare opportunity to acquire a legal two-family property in one of Queens’ strongest and most in-demand rental markets, just two subway stops from Manhattan. Walking distance to Steinway and Ditmars dining, shopping, nightlife, and major transit.
The property features two fully updated two-bedroom apartments, each offering modern, high-end finishes, sun-filled living areas, gourmet kitchens with quartz countertops and premium appliances, and generously sized bedrooms with ample closet space.
First-floor unit with front and rear patios
Second-floor unit with front balcony and private rear terrace
A finished basement with a half bathroom adds valuable supplemental living space and flexibility.
Both units are currently utilized for long-term Airbnb stays, providing strong income in a high-demand location. Showings will be scheduled only after an offer is accepted to accommodate ongoing occupancy.
Property may be purchased as part of a 1031 exchange.
Sold AS-IS.
Property condition: Good
Ideal for investors seeking a turnkey, income-producing multifamily asset with long-term appreciation potential in a prime Astoria location. A rare opportunity in a hot market.
1,530 Sq Ft
0.35 Private Acres Lot Size
other
$6,873 Annual Tax
Built in 1880
MLS/Listing ID 967198
2 Units
Kitchen Island
High Speed Internet
Entrance Foyer
Eat-in Kitchen
Washer Hookup
In Basement
Electric Dryer Hookup
Lot - Near Public Transit
Terrace
Porch
Patio
Covered
Double Pane Windows
Open kitchen
Washer/Dryer Hookup
Association - Park
Construction - Vinyl Siding
Construction - Frame
Cooling - Wall/window unit(s)
Balcony
Vinyl
Front Yard
Fenced
Backyard
Hardwood
Heating - Electric
Open Floor Plan
Walk-in Closets
Recessed Lighting
Heating - Baseboard
TOTAL MONTHLY COST
$0
$0
$0