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$ 5,500,000
Est. payment /mo
New
31-23 47th ST Astoria, NY 11103
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 918494
Rental Info No
Year Built 1953
Annual Tax Amount $130,453
Property Sub-Type Multi Family
Source onekey2
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. Many units have been updated, and heat and hot water are included. 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
The building features spacious layouts with hardwood floors, high ceilings, and excellent natural light. Many units have been updated, and heat and hot water are included. 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
Location
State NY
County Queens
Rooms
Basement Unfinished
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features None
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by NY Space Finders Inc • Luca DiCiero
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Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
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