2594 42nd St - Multi-Family FOR SALE


Astoria, NY 11103- Downtown Astoria
$5,000,000 USD
646-261-3044
2594 42nd St, Astoria, NY for Sale
$5,000,000 USD
Multi-Family - FOR SALE
1/11
null | Request Cap Rate

2594 42nd St
Astoria, NY 11103
Downtown Astoria


OVERVIEW

This well-maintained 23-unit multifamily building is located on a quiet residential corner in the heart of Astoria, Queens-one of New York City's most vibrant and diverse neighborhoods. Known for its lively dining scene, convenient transportation, and proximity to Manhattan, Astoria offers an ideal blend of urban accessibility and neighborhood charm. The property features a classic brick exterior with pre-war architectural details, including decorative masonry, large windows, and fire escape balconies that add character and functionality. The building rises four stories and sits on a prominent corner lot, providing excellent natural light and street presence. The unit mix is comprised of well-proportioned apartments, many of which feature high ceilings, hardwood flooring, and traditional layouts typical of Astoria's sought-after residential buildings. Residents benefit from a stable, community-oriented environment in a walkable neighborhood lined with tree-lined streets, local shops, and restaurants. Conveniently located near major subway lines and bus routes, the property provides easy access to Manhattan and the greater NYC area, making it attractive to both long-term tenants and commuters.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$1,000 USD /SF

# OF UNITS

23

PRICE/UNIT

$217,391

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2594 42st

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

00685-0001

ASK ABOUT THIS PROPERTY

John GinestriBlue Brick Real EstateMore Info
646-261-3044

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John GinestriBlue Brick Real EstateMore Info
646-261-3044

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