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32-87 38th Street, Astoria, NY, 11103 $1,788,000

Commercial For Sale 5 Beds , 4 Full Bath  

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Details ML#: 890203  

  • Style: Other
  • # of Families: 3
  • Year Built: 1920
  • Taxes: $10,179
  • Status:Active

Description

Investor-friendly 3-family brick home in prime Astoria on a 25’ x 100’ lot, featuring 5 total bedrooms across 3 rental units, with one unit currently vacant and potential for full vacancy. Ideal for investors or owner-occupants seeking strong rental income and flexibility. Includes hardwood and tile flooring, gas heat with radiator system, partially finished basement, and a fenced backyard with patio. Zoned R5 with an FAR of 1.05 (max 1.25), offering potential for minor expansion. Located near Northern Boulevard, Steinway Street, M and R subway lines, and the Kaufman Arts District, this property offers solid long-term upside in a high-demand area.

More Property Details

Room Information

Bedroom: 5   Full Bath: 4  

Property Features

Lot Size: 0.0574   Lot Sq Ft: 2499  

Appliances & Utilities

Heat: Natural Gas, Other   A/C: Wall/Window Unit(s)   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $10,179  

Local Area Information

School District#: 1   Block: 656   Lot: 103  

Listing Information provided courtesy of RE/MAX Edge  718-288-3835
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