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Property Description

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.

Features
Heating System:
Electric, Baseboard
Cooling System:
Wall/window Unit(s)
Basement:
Finished
Fence:
Back Yard, Fenced, Vinyl, Front Yard
Patio:
Patio, Porch, Terrace, Covered
Exterior Features:
Balcony, Mailbox
Flooring:
Hardwood
Interior Features:
Eat-in Kitchen, Entrance Foyer, Open Kitchen, Open Floorplan, Walk-in Closet(s), Kitchen Island, Washer/dryer Hookup, High Speed Internet, First Floor Bedroom, First Floor Full Bath, Quartz/quartzite Counters, Recessed Lighting
Laundry Features:
Electric Dryer Hookup, Washer Hookup, In Basement
Lot Features:
Near Public Transit, Near Shops
Parking Features:
No
Sewer:
Public Sewer
Utilities:
Natural Gas Connected, Electricity Connected, Cable Connected, Water Connected
Address Map
City:
NY
State:
NY
County:
Queens
Directions:
Google Maps
Property and Construction
Association Amenities:
Park
Development Status:
Frame, Vinyl Siding
Elementary School:
Ps 84 Steinway
High School:
Academy Of American Studies
Agent MlsId:
176747
Office MlsId:
SHBR01
MiddleOrJunior School:
Is 141 Steinway (The)
Number Of Units:
2
Special Listing Conditions:
No
Tax Annual Amount:
$6,873
Water Source:
Public
PhotosCount:
38

Residential Income For Sale

40-09 23rd Avenue, New York, NY

4 Bedrooms
3 Bathrooms
$1,199,000
Listing ID #967198
Basic Details
Property Type :
Residential Income
Property SubType :
Duplex
Listing ID :
967198
Price :
$1,199,000
Bedrooms :
4
Bathrooms :
3
Bathrooms Total :
3
Building Area :
1,530 Sqft
Year Built :
1880
Status :
Active
Status :
Active
Listing Office :
Shabbir Realty Inc
Listing Agent :
Tahira S. Ahmad
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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