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    23-12 Broadway Astoria, NY 11106

    Sponsored
    For Sale
    Pending
    $1,736,000

    Quadruplex - Astoria, NY

    Type:Quadruplex
    Property size:
    4,080 SF
    Days on Market:
    182
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 23-12 Broadway

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Pending
    Rooms
    Basement
    Interior features
    Eat-in Kitchen
    Basement Y/N
    1
    Size
    4,080 SF

    Utilities

    Heating system
    Steam

    Building Details

    Year built
    1928
    Number of units
    6
    Flooring type
    Hardwood
    Building materials
    Brick
    Architectural style
    Other

    A&A Associates (917) 968-5052 [email protected]

    Listing agent Chao Ling Yeh CBR (917) 968-5052 License #37YE0942261

    Listing date Jul 8, 2025

    MLS# 833646 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 Six-Family Brick Building

    This solid brick six-family building is located in a prime location within a seven-minute walk to the N-W Broadway train station. The property features six spacious one-bedroom apartments, all of which have been upgraded. The building is well-maintained and includes a large basement and a gas/steam boiler heating system. The lot size is 20 feet by 80 feet, while the building size is 20 feet by 68 feet. The zoning is C1-4, R6A. Current gross income is $124,894.44, with total expenses of approximately $37,565.52 per year, resulting in a net income of $87,328.92 per year. The property is located footsteps from a laundromat, Broadway shops, supermarkets, fresh produce, restaurants, trendy cafes, and nightlife. The owner will finance with a down payment of $800,000 at a fixed rate. The building has triple AAA tenants and offers lots of upside in income potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -73.93325
    Latitude
    40.76636

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    FAQs

    What type of property is this?
    Apartment building - Six-family building near N-W Broadway train station with income potential.
    Where is this apartment building located?
    The property is located at 23-12 Broadway Astoria, NY.
    What is the asking price?
    The asking price for this property is $1,736,000.
    What are key features of this property?
    This property features: - Solid brick six-family building in a prime location.; - High net operating income of $87,328.92 per year.; - Walking distance (7 minutes) to the N-W Broadway train station.
    (917) 968-5052
    Request Owner's contact information
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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
    23-12 Broadway Astoria, NY 11106
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