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    25-64 38Th St Queens, NY 11103

    For Sale
    $2,500,000

    Well-maintained four-family property in Astoria with modern finishes.

    Lot size:
    0.06 Acres

    Property Features for 25-64 38Th St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1910

    Source: Daniel Gale Sothebys Intl Rlty Agent George Rivera

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Astoria Four-Family Income Property

    This is a four-family property located in Astoria, Queens. The building features four spacious units, including one duplex apartment with four bedrooms, three bathrooms, a home office, 10-foot ceilings, white oak hardwood floors, an in-unit washer and dryer, and a central split system for heating and cooling. There is also one large three-bedroom apartment with modern appliances and wood floors, and two two-bedroom apartments. The property has separate utilities and a private backyard. The lot size is 25x100 feet, and the building size is 25x69 feet. The property is zoned R6B and is located on a quiet, tree-lined street near shopping, dining, and transportation. This income-producing property offers a strong rental history and excellent upside potential.
    Location Intelligence

    Current Use by Public Records

    America's # 1 At-Home ... Home Health Care Service

    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
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.90267
    Latitude
    40.776389

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained four-family property in Astoria with modern finishes.
    Where is this quadplex located?
    The property is located at 25-64 38Th St Queens, NY.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Turn-key 4-family property in desirable Astoria neighborhood.; - **Duplex apartment with 4 bedrooms, 3 bathrooms, home office, in-unit laundry, and central AC.**; - Strong rental history and cash flow in a high-demand market.
    (917) 299-9463
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    25-64 38Th St Queens, NY 11103
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    Queens, NY 11103
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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
    25-64 38Th St Queens, NY 11103
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