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    2139 27Th St Astoria, NY 11105

    Sponsored
    For Sale
    $3,275,000

    16-Unit Brick Building, Prime Astoria Location

    Property size:
    11,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional 11,000 square foot multi-family building presents a compelling investment opportunity in the heart of Astoria, New York. Situated on a 0.09-acre lot at 2139 27th Street, this semi-detached, all-brick structure boasts sixteen one-bedroom units, all in excellent condition. The property is meticulously maintained and clean, offering immediate income potential. Its prime location offers unparalleled convenience, being steps away from the Ditmars Boulevard subway station and a variety of shops and amenities. Panoramic views add to the desirability of this property. A full-time superintendent resides on the premises, ensuring efficient management and tenant satisfaction. The seller is offering attractive financing terms, including the possibility of holding a note for five years with a 50% down payment. This presents a rare chance to acquire a well-maintained, high-performing multi-family asset in a thriving neighborhood with strong rental demand. The building's solid construction, desirable unit configuration, and prime location combine to create a truly exceptional investment opportunity. Don't miss this chance to secure a profitable addition to your portfolio.

    Property Features for 2139 27Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    11,000 SF
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1927
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Astoria
    County
    Queens
    State
    New York
    Longitude
    -73.91171
    Latitude
    40.77864

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    FAQs

    What type of property is this?
    Commercial real estate - 16-Unit Brick Building, Prime Astoria Location
    Where is this commercial real estate located?
    The property is located at 2139 27Th St Astoria, NY.
    What is the asking price?
    The asking price for this property is $3,275,000.
    (718) 440-8162
    Request Owner's contact information
    2139 27Th St Astoria, NY 11105
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    Astoria, NY 11105
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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
    2139 27Th St Astoria, NY 11105
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