2435 Steinway St - Apartments FOR SALE


Astoria, NY 11103- Downtown Astoria
$3,700,000 USD
631-585-8400
2435 Steinway St, Astoria, NY for Sale
$3,700,000 USD
Apartments - FOR SALE
1/4
null | 6.5% Cap Rate

2435 Steinway St
Astoria, NY 11103
Downtown Astoria


HIGHLIGHTS

  • Monthly Income
  • Beautiful Location on Steinway

OVERVIEW

16 Unit Building for Sale in Prime Astoria Location Exceptional investment opportunity featuring 10 free market and 6 rent stabilized apartments. 7 apartments are 2 bedrooms, and 9 apartments are 1 bedroom. This property boasts 11 updated units, a 2025 upgraded roof and skylight, freshly painted hallways, and 14 new steel apartment doors. Efficiency upgrades include water conservation components, a modern boiler system, and a CompuSave energy management system for constant heat and hot water monitoring with WiFi-enabled data. Recent improvements include sidewalk repairs and steam system upgrades. Conveniently located near public transportation, shops, and major highways.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$425 USD /SF

# OF UNITS

16

PRICE/UNIT

$231,250

CAP RATE

6.5%

% LEASED

81%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

R5,Queens,(C1)

APN/PARCEL ID

00686-0002

ASK ABOUT THIS PROPERTY

Anthony ZanniSignature Premier PropertiesMore Info
631-585-8400

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Anthony ZanniSignature Premier PropertiesMore Info
631-585-8400

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