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POWERED BY PURLIN.AI

40-09 23rd Ave

queens, NY 11105

$1,199,000

  • 4 BR
    3 BA
    approx. 1,530 SF

Interested? Let's Connect

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.

Details

1,530 Sq Ft

0.35 Private Acres Lot Size

other

$6,873 Annual Tax

Built in 1880

MLS/Listing ID 967198

2 Units

Amenities & Features

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

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TOTAL MONTHLY COST

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  • PRINCIPAL & INTEREST

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  • PROPERTY TAXES

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  • Common Charges

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