Stonefield Real Estate is pleased to present the exclusive offering of 9-03 35th Avenue, a 100% occupied, mixed-use building located in the heart of Astoria, Queens. The four-story walk-up consists of 14 residential apartments and 1 ground-floor medical office, totaling approximately 16,157 square feet of rentable space. The building sits on a 3,835 SF lot and features a classic pre-war brick façade with solid infrastructure. The property benefits from consistent capital improvements and efficient management, delivering stable cash flow and minimal deferred maintenance. RESIDENTIAL & COMMERCIAL TENANCY • 14 residential units, primarily 2-bed / 1-bath layouts with a proven rent roll • 1,247 SF commercial unit leased to Doc Flow Medical, a medical tenant, through December 2029 with a 5-year renewal option • Commercial use conforms to the Certificate of Occupancy • Medical unit was recently and fully renovated to modern standards • 100% occupancy with a strong rental history • Legal rents exceed preferential rents, allowing for upside as leases reset CAPITAL IMPROVEMENTS The building’s mechanical systems are well maintained and efficient: • Landlord pays for water and oil • Tenants pay for electric via individual submeters • All apartments have window HVAC units powered by tenant-paid electric • The oil tank and roof have both been recently repaired, improving efficiency and reducing near-term capital exposure LOCATION & TRANSIT Located just one block north of 31st Avenue and a short 1-minute walk from the Astoria Boulevard (N/W) subway station, the property offers excellent transit accessibility. Subway riders can reach Midtown Manhattan (5th Avenue/59th Street) in approximately 14 minutes via a direct ride on the N train. ZONING & TAX STATUS The building is classified under Tax Class 2, offering stable, predictable tax treatment. It is also located within a federally designated Opportunity Zone, offering additional tax benefits for qualifying long-term investors.