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Astoria Multifamily Building For Sale
For Sale
$1,380,000

2044 42nd St, Queens, NY 11105

Legal 6-family house in prime Astoria location.

Property Size3,750 SF
Lot Size0.06 Acres
Price / SF$1,104
Days on Market140

Property Features for 2044 42nd St

General Information

Standard status Active
Size 3,750 SF
Lot size 0.06 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $15,307

Building Details

Building Size 3,750 SF
Year Built 1920
Units 6
Listing Agency: Amorelli Realty LLC
Listed By: Fotios Gerasopoulos · License #10401268015
Source: Elliman
Added: Apr 15 Changed: Aug 17 Last Checked: Aug 30 at 8:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Amorelli Realty LLC

Investment Insights

Based on property information with market context.

This is a legal 6-family house situated in a prime location within Astoria. The building has dimensions of 25 ft. x 50 ft. and is located on a lot measuring 25 ft. x 100 ft. The zoning is R5. The property is conveniently located near transportation options, shopping areas, and restaurants. Currently, three apartments are vacant. The location has a bike score of 76, indicating it is very bikeable, a walk score of 84, indicating it is very walkable, and a transit score of 69, indicating good transit options.

Key Highlights

  • Legal 6‑Family house provides a solid investment in a desirable location.
  • Three vacant apartments offer immediate rental income potential or renovation opportunities.
  • Prime Astoria location ensures high demand and strong property value.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Law Firm Acupuncture Clothing & Fashion Store (Bike/Boat/Book/etc) Store Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,076
Businesses Nearby

Demographics for 11105, NY

38,001
Population
17,518
Households
2.2
Avg Household Size
37
Median Age
55%
College-Educated
91%
High-School Grad
1.6 sq mi
ZIP Area
23,751
Density / Sq Mi
$100,306
Median Household Income
$62,464
Median Earnings
$2,211
Median Rent
$1,089,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Legal 6-family house in prime Astoria location.
Where is this apartment building located?
The property is located at 2044 42nd St Queens, NY.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: Legal 6‑Family house provides a solid investment in a desirable location.; Three vacant apartments offer immediate rental income potential or renovation opportunities.; Prime Astoria location ensures high demand and strong property value.
More about this property
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