Seize the opportunity to own a versatile corner mixed-use property in the vibrant and sought-after neighborhood of Astoria, Queens. This well-maintained rent stabilized six-family building features a prime ground-floor retail space, offering an exceptional investment potential in one of New York City’s most dynamic communities.
This mixed-use building represents a rare investment opportunity in a thriving and rapidly growing area. Offering a total of 6 residential units and 1 commercial unit. Whether you’re looking to capitalize on the rental income from the residential units, lease out or occupy the retail space, this property provides a solid foundation for a successful real estate venture with upside in the residential and commercial rents which are currently collecting below market and preferential rents.
Astoria is renowned for its rich cultural diversity, bustling dining scene, and strong sense of community. The property is ideally located within walking distance of Socrates Park, the East River waterfront, and a myriad of local shops and eateries. It offers easy access to public transportation (N & W Subway line) and the Astoria Ferry, making it a convenient location for both residents and businesses.
Residential units: 6
Commercial units: 1
Stories: 3
Year built: 1930
Lot size: 23.58 × 61 (1,370 SQ ST)
Building size: 23×45 (3,537 SQ ST)
BBL: 00682-0003
Zoning: R6B, C1-3
1A- Studio/1 Bedroom
1B- Studio/1 Bedroom
2A- 1 Bedroom
2B- 1 Bedroom
3A- 1 Bedroom
3B- 1 Bedroom
Commercial space- Beauty Salon