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Property Description

The 24-unit multifamily building is located in the heart of Astoria, one of Queens’ most vibrant and rapidly growing neighborhoods. Built in 1953, the three-story, 14,680 SF walk-up sits on a 75′ × 100′ (7,500 SF) lot and offers a stable, income-producing investment with future upside potential.

The building features spacious layouts with hardwood floors, high ceilings, and excellent natural light. Residents benefit from a quiet residential block while remaining just steps from the M and R subway lines, providing direct access to Manhattan and the rest of Queens. Broadway, Newtown Road, and 30th Avenue are within walking distance, offering a wide range of dining, shopping, and neighborhood amenities.

This is a rare opportunity to acquire a well-maintained, 24-unit asset in a prime Astoria location with strong rental demand and long-term growth prospects.

Featured Commercial Sales

Features
Heating System:
Electric
Cooling System:
Wall/window Unit(s)
Basement:
Unfinished
Parking Features:
No
Sewer:
Public Sewer
Utilities:
Cable Available, Phone Available, Natural Gas Connected, Electricity Connected, Water Connected
Address Map
City:
NY
State:
NY
County:
Queens
Property and Construction
Development Status:
Brick
Agent MlsId:
131512
Office MlsId:
NYSP01
Number Of Units:
24
Special Listing Conditions:
No
Stories Total:
3
Tax Annual Amount:
$130,453
Water Source:
Public
Zoning:
R5
PhotosCount:
29

Commercial Sale For Sale

31-23 47th Street, New York, NY

7,500 Acre
$5,500,000
Listing ID #918494
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
918494
Price :
$5,500,000
Bathrooms Total :
0
Building Area :
14,680 Sqft
Lot Area :
7,500 Acre
Year Built :
1953
Status :
Active
Status :
Active
Listing Office :
NY Space Finders Inc
Listing Agent :
Luca DiCiero
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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