43-16 25Th Ave Queens, NY 11103
Property Features for 43-16 25Th Ave
General Information
- Lot size
- 0.06 Acres
Building Details
- Year built
- 1929
Source:
Elliman
Listing Agent: Antonino Lo Verme
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Astoria Multifamily Investment Opportunity
This is an exceptional opportunity to acquire a well-maintained brick 6-family building in one of Queens' most sought-after neighborhoods. The property features six units, with four having been gut-renovated in recent years, offering modern finishes. Three of the apartments are free-market, providing flexibility and income growth potential. Recent upgrades include a new gas boiler, a new water heater, and a 2021 roof repair, ensuring minimal near-term maintenance. The property includes private outdoor spaces, featuring a rear yard and roof decks, which present additional income potential through outdoor space leasing. The building is located steps from top dining, shopping, and transportation, delivering stable income, a desirable cap rate, long-term appreciation potential, and multiple value-add opportunities for investors.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.911005
- Latitude
- 40.76784
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 6-family building in prime Astoria location.
Where is this apartment building located?
The property is located at 43-16 25Th Ave Queens, NY.
What is the asking price?
The asking price for this property is $1,949,000.
What are key features of this property?
This property features: - Desirable cap rate and strong upside potential for investors.; - Located in a sought-after Astoria neighborhood, steps from dining, shopping, and transportation.; - Four of six units **gut-renovated with modern finishes**, attracting quality tenants.