1418 30th Rd - Multi-Family FOR SALE


Astoria, NY 11102- Downtown Astoria | 
$2,300,000 USD
917-597-5736
1418 30th Rd, Astoria, NY for Sale
$2,300,000 USD
Multi-Family - FOR SALE
1/25
null | 6.58% Cap Rate

1418 30th Rd
Astoria, NY 11102
Downtown Astoria


OVERVIEW

Residences. Deeded Parking. An Extraordinary 161-Foot-Deep Lot. Welcome to 14-18 30th Road, a 25-foot-wide four-family property in Astoria offered at $2,300,000. With four spaciously configured residences, deeded parking in front, and an expansive backyard, this property brings together rental income potential, exceptional outdoor space, and possibilities for the future. Set on a 25-by-161.08-foot lot totaling 4,311 square feet, the property stands out for its remarkable depth. The expansive backyard offers room to envision a garden retreat, outdoor dining and lounge areas, or a generous setting for entertaining. This substantial outdoor space adds a distinctive dimension to the property, creating an opportunity to enjoy city living with room to spread out. The building measures 25 by 72 feet and contains approximately 4,311 square feet, arranged as four two-bedroom, one-bathroom apartments. With eight bedrooms and four bathrooms in total, the configuration offers flexibility for investors and buyers considering an owner-occupied property with additional rental income. A usable basement provides additional space and access to the backyard, while deeded front parking adds everyday convenience. For buyers seeking a home with the added benefit of rental income, this property offers exciting possibilities. Occupy one apartment, enjoy your own parking space, and collect income from the three remaining residences to help offset ownership costs. Alternatively, explore combining two floors into a spacious owner’s residence while retaining two rental apartments, subject to necessary approvals. With its generous width and expansive backyard, the property offers the opportunity to create a substantial personal home alongside an ongoing source of rental income. Property at a Glance - Asking price: $2,300,000 - Property classification: Four Families (C3) - Configuration: Four two-bedroom, one-bathroom apartments - Building dimensions: 25 ft × 72 ft - Building area: 3,372 sq. ft. - Lot dimensions: 25 ft × 161.08 ft - Lot area: 4,027 sq. ft. - Parking: Deeded parking in front - Basement: Usable space with backyard access - Residential FAR: 1.0 - Current FAR: 0.84 - Maximum residential buildable area: 4,027 sq. ft. - Listed additional buildable area: 644 sq. ft. Beyond the property itself, enjoy the neighborhood energy that makes Astoria such a special place to call home. Located on 30th Road near 21st Street, the home is close to neighborhood shops, cafés, and restaurants, with more to explore along nearby 30th Avenue. Van Alst Playground is close by, while Astoria Park’s waterfront setting offers a scenic escape for recreation and time outdoors. Convenient access to the Astoria ferry landing and local bus service, along with subway options farther into the neighborhood, connects you to Manhattan and the rest of the city—bringing together neighborhood charm, outdoor recreation, and everyday convenience.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$534 USD /SF

# OF UNITS

4

PRICE/UNIT

$575,000

CAP RATE

6.58%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Legal Four Family in Astoria With Parking!

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,027 SF

ZONING

R4

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Erion AhmetajCompassMore Info
917-597-5736

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Erion AhmetajCompassMore Info
917-597-5736

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.