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    23-16/20 29Th Ave Astoria, NY 11102

    Pending
    For Sale
    $2,650,000

    Multi Family - Astoria, NY

    Type:Single Family Attached
    Days on Market:
    360
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 23-16/20 29Th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Pending
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    18
    Bathrooms
    12
    APN
    00548-0025

    Utilities

    Heating system
    Hot Water (Heating), Oil
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1927
    Number of units
    12
    Building materials
    Brick
    Architectural style
    Other

    Keller Williams Realty Landmark (718) 475-2777 [email protected]

    Listing agent Helen Arapis (718) 475-2700 License #10401313886

    Listing date Dec 11, 2024

    MLS# L3581004 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 Investment Opportunity

    This multifamily property is located in Astoria, New York. The property is situated in a bustling area, offering convenient access to various shops and transportation options. It is also located in close proximity to New York City. The property is being offered as an investment opportunity and is to be sold together with the adjacent building located at 23-20 29 Avenue.
    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
    -73.929788
    Latitude
    40.771887

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property in Astoria, close to transportation and shops.
    Where is this apartment building located?
    The property is located at 23-16/20 29Th Ave Astoria, NY.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: - Prime investment opportunity in Astoria.; - Includes next-door building (23-20 29 Avenue).; - Close proximity to shops, transportation, and NYC.
    (718) 475-2700
    Request Owner's contact information
    23-16/20 29Th Ave Astoria, NY 11102
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    Astoria, NY 11102
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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
    23-16/20 29Th Ave Astoria, NY 11102
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