Astoria Three-Family
21-63 45th Street Astoria, NY 11105
21-63 45th Street, Astoria, NY, 11105
$2,299,999
Pending
For Sale
$2,299,999
Pending
MULTI_FAMILY - Astoria, NY
Property Size3,509 SF
Lot Size0.05 Acres
Days on Market86
Property Features for 21-63 45th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bedroom 5, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 4, Bathroom 3, Bedroom 1
- Parking
- 3
- Parking features
- Driveway, Garage
- Window features
- Skylight(s)
- Interior features
- Granite Counters, Master Downstairs
- Basement
- Full, Finished, Walk-Out Access
- Standard status
- Pending
- APN
- 00771-0010
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13188
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 3
- Flooring type
- Hardwood
- Building materials
- Brick
Listing agency
Compass Greater NY LLC
(718) 423-7700
Listed by
Jessica A. Akde Elmazi MRP CPM CBR
(718) 423-7700
Added: Apr 28 Updated: Jul 17 at 9:21PM Checked: Jul 22 at 9:06PM
MLS# 992775
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 three-family home is located in the Ditmars-Steinway neighborhood of Astoria. The property is a legal three-family unit. The first floor and basement combine to form a 1,500-square-foot duplex with an 830-square-foot basement, featuring three bedrooms, two full bathrooms, and two kitchens. The first floor includes three bedrooms, a living room, a full bathroom with an oversized tub, jets, and heated floors. The kitchen features custom-built shaker cabinets, quartzite countertops, and GE stainless steel appliances, including a dishwasher, microwave drawer, and pot filler. The basement includes an additional living room, dining area, kitchen, a full bathroom with heated floors and customized tile, and a washer and dryer. The duplex unit has a Mitsubishi split heating and cooling system in the basement, in addition to central air conditioning on the first floor and throughout the rest of the house. The two second-floor units, measuring 668 and 511 square feet respectively, each include one bedroom and one bathroom. Both apartments feature an open-kitchen concept with stainless steel appliances, modern shaker cabinets, granite and quartzite countertops, and hand-crafted chair railing and molding. Each unit also features oak flooring, central air conditioning, and heat with separate thermostats. The larger of the units boasts customized closets and storage space. The home's brick facade has been redone, along with the courtyard pavers and the front exterior staircase. Each unit features double hung Anderson windows. There is an indoor, two-car garage with capacity for two additional outdoor parking spaces via a party driveway. The property is located off of Ditmars Boulevard, near shopping, restaurants, nightlife, and the N/W train on 31st street, as well as the Q-31/Q-31A buses. It is situated on a block of historic townhouses.
Key Highlights
- Legal three‑family home built in 1920 with brick construction, hardwood flooring, and central air conditioning
- Duplex unit combines first floor (1,500 SF) and basement (830 SF) for a house‑like layout with 3 bedrooms, 2 full baths, and 2 kitchens
- Two second‑floor units (668 SF and 511 SF) each offer 1 bedroom and 1 bathroom with separate thermostats for central heat and A/C
Local 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 | $162.1k | $46.20 |
| − Vacancy | −$6.2k | −$1.76 |
| EGI | $156.0k | $44.44 |
| − OpEx | −$70.2k | −$20.00 |
| NOI | $85.8k | $24.44 |
3,509 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.23M
$1.07M – $1.43M
NOI $85,775 @ 7.0% cap · market cap 3.73%
Second Best
Multifamily LT 5
$829.7K
$726.0K – $968.0K
NOI $58,080 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$2.59M
$2.26M – $3.02M
NOI $181,081 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Renovated three-family home in Astoria's Ditmars-Steinway neighborhood.
Where is this triplex located?
The property is located at 21-63 45th Street Astoria, NY.
What is the asking price?
The asking price for this property is $2,299,999.
What are key features of this property?
This property features: Legal three‑family home built in 1920 with brick construction, hardwood flooring, and central air conditioning; Duplex unit combines first floor (1,500 SF) and basement (830 SF) for a house‑like layout with 3 bedrooms, 2 full baths, and 2 kitchens; Two second‑floor units (668 SF and 511 SF) each offer 1 bedroom and 1 bathroom with separate thermostats for central heat and A/C
