31-42 34Th St, Unit MultiFamily Queens, NY 11106
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
Source:
Elliman
Listing Agent: Suzanne L Michaud
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.9319064
- Latitude
- 40.7620826
Nearby Similar for Sale
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).
