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31-42 34Th St, Unit MultiFamily Queens, NY 11106

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Pending
$1,470,000

Six-unit building in Astoria near subway lines and retail.

Property Features for 31-42 34Th St

General Information

Property type
Multi Family
Standard status
Pending

Building Details

Year built
1921

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Listing Contact
Suzanne L Michaud
Source: Elliman

Listing Agent: Suzanne L Michaud

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

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Overview

Astoria Multifamily Building For Sale

This is a six-unit multifamily building featuring one 1-bedroom, 1-bath unit and five 2-bedroom, 1-bath units. Located on a quiet block in Astoria, the property includes three parking spaces. The building is fully occupied with rent-stabilized tenants, and there is additional income generated from parking garages located in the rear of the property. The building has been under long-term ownership and is well-maintained. An unfurnished basement presents the potential for conversion into a rent-producing apartment, subject to proper permitting. The property is situated in a prime location, just a few blocks from the N/W subway lines and a vibrant retail and dining scene. This property is ideal for investors seeking stable cash flow with long-term value-add potential.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

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  • Local Demand
City
Queens
County
Queens
State
New York
Longitude
-73.9319064
Latitude
40.7620826

FAQs

What type of property is this?
Apartment building - Six-unit building in Astoria near subway lines and retail.
Where is this apartment building located?
The property is located at 31-42 34Th St, Unit MultiFamily Queens, NY.
What is the asking price?
The asking price for this property is $1,470,000.
What are key features of this property?
This property features: - Fully occupied 6-unit building with stable, rent-stabilized tenants provides immediate cash flow.; - Prime Astoria location, close to N/W subway lines and retail/dining.; - Value-add potential through basement conversion to a rent-producing apartment (with proper permitting).
More about this property
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