Prime Astoria Investment – 20-Unit Multi-Family Building Offered for the first time in nearly six decades, this well-maintained 20-unit walk-up building presents a rare investment opportunity in the heart of Astoria, Queens. Owned and managed by the same family for 58 years, this property combines stability, income strength, and long-term potential. Property Overview Four-story, brick multi-family building 20 residential units: 8 two-bedrooms, 8 one-bedrooms, and 4 studios Consistently occupied with a strong rental history. Solid mechanics and clean condition – true turn-key management Lot size: 50X100, 5000 sf, and building size 50X88, (14,000 sf) Investment Highlights Prime Astoria Location – Steps to subway and bus lines, shopping, dining, schools, and hospitals Strong Market Fundamentals – High-demand, supply-constrained neighborhood ensures lasting rental appeal. Diversified Unit Mix – Attracts a broad tenant base, from professionals to families. Value-Add Potential – Upside through renovation, modernization, and rent optimization Stable Income Stream – Long-term tenants and proven management track record Astoria remains one of New York City’s most vibrant and sought-after neighborhoods, offering investors a blend of community character and urban convenience. Whether you’re looking to expand your portfolio or enter the multifamily market, this property represents a compelling combination of stability, cash flow, and growth potential. Income and expense statements, along with the rent roll, are available upon request..