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    2554 35Th St Queens, NY 11103

    For Sale
    $1,649,000

    Six-family building in Astoria with income potential near transportation.

    Lot size:
    0.06 Acres

    Property Features for 2554 35Th St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1921

    Source: Realty Executives Today Agent Spiros Nitis CBR

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

    Overview

    Astoria 6-Family Investment Opportunity

    This six-family building presents an investment opportunity in a prime Astoria location. The property features a total of 11 bedrooms and 6 bathrooms, comprising 2 two-bedroom apartments and 1 one-bedroom stabilized apartments, which provide steady income. Additionally, there are 3 two-bedroom free-market units, offering excellent potential for higher returns. The building includes a full finished basement and a two-car garage. A new roof was installed in 2017. The property is situated close to all amenities and transportation options, located just two blocks from the N/W trains at the Astoria Blvd station and one block from 30th Avenue. The building has no violations, and all documents and DHCRs are transparent.
    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
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.916159
    Latitude
    40.768275

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    FAQs

    What type of property is this?
    Apartment building - Six-family building in Astoria with income potential near transportation.
    Where is this apartment building located?
    The property is located at 2554 35Th St Queens, NY.
    What is the asking price?
    The asking price for this property is $1,649,000.
    What are key features of this property?
    This property features: - Prime Astoria location with strong rental demand.; - Steady income from stabilized apartments (2/2BR and 1/1BR).; - Potential for higher returns with 3/2BR free-market units.
    (631) 513-0650
    Request Owner's contact information
    2554 35Th 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
    2554 35Th St Queens, NY 11103
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