Renovated Multi-Family
20-49 49th Street Astoria, NY 11105
For Sale
$1,990,000
MULTI_FAMILY - Astoria, NY
Property Size3,080 SF
Lot Size0.07 Acres
Price / SF$646.10
Days on Market101
Property Features for 20-49 49th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
5
Rooms
Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 3, Basement, Bathroom 5, Bathroom 2, Bathroom 3
Parking features
Driveway
Interior features
Storage
Basement
Finished, Full
Standard status
Active
APN
00756-0010
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11840
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
2009
Number of units
2
Building materials
Brick
Additional Structures
Storage
Listing Agency:
Prospes Real Estate Corp
(718) 321-2800
Listed By:
Huanyan Li
(347) 885-8668
Added: Apr 20
Changed: Jul 17
Last Checked: Jul 29 at 10:06PM
MLS# 987912
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This renovated brick multi-family residence is built with a versatile 3-level layout plus a finished basement. The first and second floors operate as a duplex configuration with 4 bedrooms and 3 bathrooms, while the third-floor unit offers 3 bedrooms and 2 bathrooms. Additional living space is provided by a finished basement with an extra half bath. Constructed in 2009 and recently renovated in 2025, the property combines modern updates with solid brick construction.
Situated at 20-49 49th Street in Astoria, Queens, the home is described as convenient to public transportation, schools, shopping, and dining.
The property sits on a 40 ft x 77 ft lot and is listed at approximately 3,080 square feet, providing indoor and outdoor space consistent with its multi-unit design.
Situated at 20-49 49th Street in Astoria, Queens, the home is described as convenient to public transportation, schools, shopping, and dining.
The property sits on a 40 ft x 77 ft lot and is listed at approximately 3,080 square feet, providing indoor and outdoor space consistent with its multi-unit design.
Key Highlights
- Brick home built in 2009 with recently renovated updates in 2025
- 3‑level layout with duplex configuration: 4 bedrooms and 3 baths on 1st/2nd floors, plus a 3rd‑floor unit with 3 bedrooms and 2 baths
- Finished basement with additional space and a half bath
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $142.3k | $46.20 |
| − Vacancy | −$5.4k | −$1.76 |
| EGI | $136.9k | $44.44 |
| − OpEx | −$61.6k | −$20.00 |
| NOI | $75.3k | $24.44 |
3,080 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.08M
$941.1K – $1.25M
NOI $75,289 @ 7.0% cap · market cap 3.78%
Second Best
Multifamily LT 5
$728.3K
$637.2K – $849.7K
NOI $50,979 @ 7.0% cap · market cap 2.56%
Theoretical Best
Office A
$2.27M
$1.99M – $2.65M
NOI $158,943 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Brick multi-family home with a duplex on two levels, a third-floor unit, and a finished basement.
Where is this duplex located?
The property is located at 20-49 49th Street Astoria, NY.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: Brick home built in 2009 with recently renovated updates in 2025; 3‑level layout with duplex configuration: 4 bedrooms and 3 baths on 1st/2nd floors, plus a 3rd‑floor unit with 3 bedrooms and 2 baths; Finished basement with additional space and a half bath
