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    20-14 29Th St Astoria, NY 11105

    Sponsored
    For Sale
    $1,589,000

    Multi Family - Astoria, NY

    Type:Single Family Attached
    Property size:
    6,101 SF
    Lot size:
    0.06 Acres
    Days on Market:
    69
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 20-14 29Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Rooms
    Basement
    Exterior features
    Fencing
    Fencing
    Fenced
    Basement Y/N
    1
    Size
    6,101 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1931
    Number of units
    6
    Building materials
    Brick
    Architectural style
    Other

    TMT Realty Group LLC (718) 229-5200 [email protected]

    Listing agent Joseph D. Ferone CBR (718) 229-5200 License #10301214831

    Listing date Oct 29, 2025

    MLS# 847324 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Astoria Multifamily Building with Storefront

    This six-family building in Astoria, Queens, features a vacant 1,200-square-foot storefront on the ground floor, previously used as a bar. The property includes only rent-stabilized apartments, with no rent-controlled units. The roof and gas furnace are both six years old. The building is equipped with gas-fired steam heat. It comprises three one-bedroom apartments and three two-bedroom apartments. The pro forma annual income is $187,000. Annual expenses include $18,630 in taxes, $9,033 for gas and electric, $11,531 for insurance, $7,958 for water, and $3,300 for miscellaneous repairs, totaling $50,542. This results in a net operating income (NOI) of $136,458 and a cap rate of 8.58%. Rent increases in rent-stabilized homes are 2.75% for a one-year lease and 5.25% for a two-year lease. The property size is 6,101 square feet and the lot size is 0.0573 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Thrifty Auto Transport Trucking Company

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Astoria
    County
    Queens
    State
    New York
    Longitude
    -73.908594
    Latitude
    40.779689

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    FAQs

    What type of property is this?
    Apartment building - Six-family building with vacant storefront in Astoria, Queens.
    Where is this apartment building located?
    The property is located at 20-14 29Th St Astoria, NY.
    What is the asking price?
    The asking price for this property is $1,589,000.
    What are key features of this property?
    This property features: - High Net Operating Income (NOI) of $136,458.; - Attractive Cap Rate of 8.58%.; - Vacant 1200 sq ft store front offers immediate income potential.
    (917) 270-8080
    Request Owner's contact information
    20-14 29Th St Astoria, NY 11105
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    Astoria, NY 11105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20-14 29Th St Astoria, NY 11105
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