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Cordeira Realty
1833 27th Avenue, Astoria, NY 11102
- $2,100,000
- 6
- BD
- 3
- BA
- List Price
- $2,100,000
- Days on Market
- 2
- MLS#
- 1058958
- Status
- ACTIVE
- Property Type
- Triplex
- Style
- Other
- Year Built
- 1901
- Property Tax
- $9,770
- School District
- Queens 30
- High School
- William Cullen Bryant High School
- Jr. High
- Albert Shanker Sch-Visual/Perf Arts
- Elementary School
- Ps 17 Henry David Thoreau
Property Description
Prime Astoria Mixed-Use Investment & Development Opportunity! Excellent opportunity for developers and investors in a highly desirable Astoria location. This mixed-use property features 2 residential units plus 1 commercial storefront, offering strong existing rental income along with significant future development potential. Situated on a 25 x75 lot with R7X / C2-3 zoning, the property presents an attractive opportunity for potential redevelopment into a larger mixed-use building, subject to zoning, DOB requirements, and approvals. The existing building consists of 3 stories plus a full basement, offering approximately 3,432 sq. ft. of interior space with a building footprint of approximately 22x52. Each residential unit features 3 bedrooms and 1 full bathroom. The property is separately equipped with 3 electric meters and 3 gas meters and benefits from relatively low property taxes. Conveniently located near the N/W subway at Astoria Blvd, with easy access to shopping, restaurants, transportation, and neighborhood amenities. An excellent opportunity for investors, developers, 1031 exchange buyers, or owner-investors seeking strong rental income, attractive cap-rate potential, and long-term redevelopment upside in one of Astoria’s prime locations.
Additional Information
- Bedrooms
- 6
- Bathrooms
- 3
- Full Baths
- 3
- Acres
- 0.04
- Parking
- On Street
- Basement
- Full, Partially Finished, Storage Space
- Heating
- Natural Gas, Steam
- Cooling
- Wall/Window Unit(s)
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Xingye Fu (xingye.fu@exprealty.com) from Listing Office: EXP Realty.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.