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32-87 38th Street Astoria, NY 11103
$1,788,000 $1,688,000
  • For Sale
  • PRICE REDUCED
  • 5 Bedrooms
  • 4 Full Baths
  • Year Built 1920
  • Multi Family
  • ML# 890203

Property Details

Overview

Investor-friendly 3-family brick home in prime Astoria / Long Island City border, situated on a 25’ x 100’ lot and 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.

Key Facts

  • Style: Other
  • Lot Size: 0.0574
  • Lot Sq Ft: 2499
  • Taxes: $10,179
  • Development: Astoria
  • School District#: 1
  • Block: 656
  • Lot: 103

Additional Features

  • Construction Materials: Brick
  • Interior Features: 
    First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer, Formal Dining, Other
  • Wood Floors: Yes

Rooms & Floor Plans

  • Bedroom: 5
  • Full Bath: 4

Interior & Utilities

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

Financial

  • Taxes: $10,179
Listing Information provided courtesy of RE/MAX Edge  718-288-3835
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