25-26 30th Ave - Apartments FOR SALE


Astoria, NY 11102- Downtown Astoria
$2,500,000 USD
718-440-8162
25-26 30th Ave, Astoria, NY for Sale
$2,500,000 USD
Apartments - FOR SALE
1/4
null | 5.6% Cap Rate

25-26 30th Ave
Astoria, NY 11102
Downtown Astoria


HIGHLIGHTS

  • Cash Flow heavy ( tenants pay all utilities )
  • Prime Location
  • This is a great opportunity in one of Astoria’s most desirable neighborhoods.

OVERVIEW

Investment Opportunity: Mixed-Use Building at 25-26 30th Avenue, Astoria, NY 11102 Prime mixed-use property in the heart of vibrant Astoria! This 2-story building features two fully occupied 2-bedroom, 1-bath residential apartments and a ground-floor commercial laundromat, generating high, stable income with exceptionally low operating expenses. Income Breakdown (Annual) • Commercial Laundromat: $85,971/year • 2nd Floor Unit (2 Bed / 1 Bath): $33,600/year ($2,800/month) • 2nd Rear Unit (2 Bed / 1 Bath): $30,600/year ($2,550/month) Total Gross Annual Income: ˜ $150,171 Expense Advantages • Laundromat tenant covers 2/3 of the property taxes • Residential tenants pay their own utilities (electric, gas, heat, hot water) • Results in minimal operating expenses and excellent net returns Residential Units Both 2-bedroom, 1-bath apartments are currently rented and well-maintained. Tenants enjoy spacious layouts, large kitchens, generous bedrooms, and the major convenience of an on-site laundromat. Commercial Space Fully leased to a long-running laundromat that provides reliable income while significantly offsetting building expenses. Location & Neighborhood Situated on 30th Avenue in the highly desirable Ditmars-Steinway section of Astoria. Steps away from restaurants, cafes, supermarkets, parks, and the N/W subway lines, offering a fast commute to Manhattan. Strong rental demand supports continued high occupancy and future appreciation. This is a true turnkey, income-producing asset with predictable cash flow, built-in expense offsets, and minimal landlord responsibilities. Perfect for investors seeking a hands-off mixed-use property in one of Queens’ strongest neighborhoods. Serious inquiries only. Contact for full financials, rent rolls, expense reports, and private showing. All figures provided for informational/marketing purposes. Buyers are encouraged to perform their own due diligence and verify all information.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$817 USD /SF

# OF UNITS

3

PRICE/UNIT

$833,333

CAP RATE

5.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,799 SF

ZONING

R6

APN/PARCEL ID

00576-0133

ASK ABOUT THIS PROPERTY

Dillon De PintoNY Space FindersMore Info
718-440-8162

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Dillon De PintoNY Space FindersMore Info
718-440-8162

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