43-06 34 AVE, Astoria, NY 11101
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43-06 34 AVE, Astoria, NY 11101
43-06 34 AVE, Astoria, NY 11101
43-06 34 AVE, Astoria, NY 11101
43-06 34 AVE, Astoria, NY 11101
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$ 2,800,000
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43-06 34 AVE Astoria, NY 11101

5 Beds

3 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 974837

Bedrooms 5

Full Baths 3

Rental Info No

Year Built 1928

Annual Tax Amount $35,354

Lot Dimensions 20 x 105

Property Sub-Type Quadruplex

Source onekey2

Property Description

This well-positioned asset is a rare find that offers investors an opportunity to acquire a free-market, income-producing property in one of Queens' most desirable and rapidly growing neighborhoods. The building features a strong tenant mix and consistent cash flow, making it an ideal long-term hold for investors seeking stability and appreciation.
The ground floor retail space is occupied by a popular and well-established restaurant with two years remaining on its lease, providing reliable commercial income.
Above the retail space are three residential units, consisting of one three-bedroom apartment and two one-bedroom apartments, all currently occupied and only one with a one-year lease remaining.
The property has been meticulously maintained and thoughtfully upgraded, with updated plumbing and electrical systems throughout the building, offering a true turn-key investment with minimal to no immediate capital requirements.
Strategically located in prime Astoria, the property sits just one block from Northern Boulevard and is only a five-minute walk to the R/M subway station, providing excellent access to Manhattan and surrounding neighborhoods. The area is surrounded by vibrant retail corridors, renowned restaurants, and continued residential growth, making Astoria one of Queens' most sought-after investment markets.
43-06 34th Avenue represents an exceptional opportunity to acquire a free-market mixed-use asset with immediate cash flow and significant long-term upside in a premier Queens location.

Location

State NY

County Queens

Rooms

Basement Unfinished

Interior

Interior Features Beamed Ceilings, High Speed Internet

Heating Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features None

Utilities Available Natural Gas Connected

Garage false

Private Pool No

Building

Lot Description Near School, Near Shops

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Ps 166 Henry Gradstein

Middle Schools Is 230

High Schools Queens 30

School District Queens 30

Others

Senior Community No

Special Listing Condition None


OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Charles Rutenberg Realty Inc • Vincent J. Alessi SFR SRES

NEARBY SCHOOLS & PROPERTIES

Lisa Jackson

Lisa Jackson

Licensed Real Estate Broker | License ID: 10311202274

+1(917) 623-8985

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43-06 34 AVE