Astoria Investment with Desirable Cap Rate & Strong Upside
Exceptional opportunity to acquire a well-maintained brick 6-family building in one of Queens’ most sought-after neighborhoods. Three of the apartments are free-market, providing flexibility and income growth potential. Four of the six units have been gut-renovated in recent years, offering modern finishes that attract quality tenants and support strong rental demand.
Recent upgrades—including a new gas boiler, new water heater, and a 2021 roof repair—ensure minimal near-term maintenance. Private outdoor spaces, including a rear yard and roof decks, present additional income potential through outdoor space leasing.
Located steps from top dining, shopping, and transportation, this property delivers stable income, a desirable cap rate, long-term appreciation potential, and multiple value-add opportunities for savvy investors.
Property Features
Utilities
Natural Gas Available
Cable Connected
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Cooling Information
None
Heating Information
Natural Gas
Water Features
Public
House Interior
High Ceilings
Parking
On Street
Basement
Full
Listing Courtesy: Blue Brick Real Estate - 718-614-8349