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16-Unit Apartment Building
For Sale
$3,800,000

21-51 27th Street, Astoria, NY 11105

Commercial Sale, Astoria, NY

Property SizeContact for details
Lot Size0.09 Acres
Days on Market140

Property Features for 21-51 27th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R5D
Rooms Basement
Basement Full
Directions 27 St Between 21st Avenue and Ditmars Blvd. GPS
Standard status Active
APN 00857-0013
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 64734

Utilities

Sewer type Public Sewer
Heating system Oil
Water source Public

Building Details

Year built 1927
Floors in Building 4
Number of units 16
Building materials Brick
Listing Agency: Citi Zone Realty LLC
Listed By: Mario Tsikis CBR · License #49TS1105322
Added: Apr 17 Changed: Aug 19 Last Checked: Sep 3 at 11:06AM
MLS# 987160

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 16-unit apartment building in Astoria, Queens, was constructed in 1927 and features brick construction. Twelve apartments have been renovated, and the roof has been updated. The property also includes basement space, oil heating, and public water and sewer service.

Located at 21-51 27th Street, the building is within the 11105 postal area. The property occupies 0.0892 acres and carries R5D zoning. Its apartment configuration, renovation history, building materials, and core utility connections provide a clear physical profile for multifamily ownership review.

Key Highlights

  • 16‑unit apartment building constructed in 1927
  • 12 of 16 apartments have been renovated
  • Updated roof

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Buffet Butcher Pet Grooming Service (Bike/Boat/Book/etc) Store Adult Day Care Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

47,365
Businesses Nearby

Demographics for 11105, NY

38,001
Population
17,518
Households
2.2
Avg Household Size
37
Median Age
55%
College-Educated
91%
High-School Grad
1.6 sq mi
ZIP Area
23,751
Density / Sq Mi
$100,306
Median Household Income
$62,464
Median Earnings
$2,211
Median Rent
$1,089,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily property with renovated apartments, an updated roof, and basement space.
Where is this apartment building located?
The property is located at 21-51 27th Street Astoria, NY.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: 16‑unit apartment building constructed in 1927; 12 of 16 apartments have been renovated; Updated roof
More about this property
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