29-15 Astoria Boulevard Unit 1, Astoria, NY, 11102
$2,800,000
Mixed Use
Commercial
Details
ML#: 873721
- Sale or Rent:Sale
- Year Built: 1931
- Taxes: $46,491
- Status:Active
Description
Turnkey Mixed-Use Investment Opportunity in Prime Astoria – 4.8% Cap RateNow available: a rare opportunity to acquire a well-maintained corner mixed-use property in the heart of Astoria—one of Queens’ most sought-after neighborhoods for both renters and small businesses.Investment Highlights:4 Residential Units2 one-bedroom apartments2 two-bedroom apartments with additional half bathsAll units leased with strong rental historyUpside potential in future rent increases2 Ground-Level Commercial SpacesEstablished Coffee Shop and Thriving Beauty SalonHigh visibility corner location with excellent foot trafficReliable, long-term tenants in placeFull BasementValuable bonus space with flexible use for storage or commercial operationsAttractive 4.8% Cap RateStrong in-place income with room for value-add improvementsIdeal for 1031 exchange, portfolio diversification, or long-term holdLocated near major transit lines, retail corridors, and residential growth, this property offers immediate cash flow with long-term appreciation potential. Perfect for investors looking to expand into a high-demand, low-vacancy submarket.
More Property Details
Lot Size: 0.0489
Lot Sq Ft: 2128
Heat: See Remarks
A/C: Central Air
Water: Other
Sewer: Other
Taxes: $46,491
Listing Information provided courtesy of
Oxford Property Group USA
212-300-6412