33-29 Astoria Blvd N - Apartments FOR SALE


Astoria, NY 11103
$2,495,000 USD
212-920-7658
33-29 Astoria Blvd N, Astoria, NY for Sale
$2,495,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

33-29 Astoria Blvd N
Astoria, NY 11103


HIGHLIGHTS

  • Mixed-use building with (2) free-market apartments and ground floor retail delivered vacant.
  • Both apartments are occupied, generating stable in-place cash-flow.
  • Vacant 2,100 Sq. Ft. of Retail designed for an Investor or User.

OVERVIEW

Landair Property Advisors (“LPA”) has been hired as the exclusive agent for 33-29 Astoria Blvd N, Astoria, NY 11103. 33-29 Astoria Boulevard North is a mixed-use investment property located in the heart of Astoria, Queens. The building consists of two free-market residential apartments above approximately2,100 square feet of ground-floor retail space. The residential units are well-sized two-bedroom layouts, both currently occupied, while the retail component is delivered vacant, providing an incoming owner with immediate upside through lease-up at market rents. Situated along Astoria Boulevard North, the property benefits from strong visibility, convenient access to public transportation, and proximity to major thoroughfares connecting Astoria to Manhattan and the greater Queens market. The combination of stabilized residential income and value-add retail potential makes this an attractive opportunity for investors seeking both cash flow and long-term upside in a supply-constrained neighborhood. ?

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$738 USD /SF

# OF UNITS

3

PRICE/UNIT

$831,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

33-29 Astoria Blvd N, Astoria, NY 11103

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,556 SF

ZONING

R5B

APN/PARCEL ID

00836-0038

ASK ABOUT THIS PROPERTY

Alexandre GouletLandair Property AdvisorsMore Info
212-920-7658

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Alexandre GouletLandair Property AdvisorsMore Info
212-920-7658

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