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    Eight-Unit Multifamily Building Title is generated by Realmo AI

    3018 23rd St, Queens, NY 11102

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    For Sale
    $2,800,000

    8-unit income property with studio, one-bedroom apartments, and a two-bedroom duplex penthouse.

    Type:Commercial
    Added:
    Jun 16, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 17 at 2:56 am

    Property Features for 3018 23rd St

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    2006

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    Listing Contact
    Marius Rungo

    Listing agent Marius Rungo

    Listing office

    Listing date Jun 16, 2026

    Source Elliman

    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 Marius Rungo

    HighLights

    • 8‑family multifamily building built in 2006
    • Unit mix: 1 studio, 6 one‑bedroom units, and 1 two‑bedroom duplex penthouse
    • Approx. $244,605.60 annual gross income including laundry income
    • Estimated current NOI of approx. $160,400
    • Projected market rents: approx. $285,600 annual gross income and approx. $201,400 pro forma NOI
    • BikeScore 80, WalkScore 97, transitScore 99 (Rider's Paradise)

    Overview

    This 8-family multifamily building is configured with one studio apartment, six one-bedroom apartments, and one two-bedroom duplex penthouse. The property is described as currently generating approximately $244,605.60 in annual gross income, including laundry income, with an estimated current NOI of approximately $160,400. Based on projected market rents, the building is presented as capable of generating approximately $285,600 in annual gross income, with a projected pro forma NOI of approximately $201,400.

    The building is located in Astoria at 30-18 23rd Street (3018 23rd St, Queens, NY 11102). The public remarks include high walkability and transit accessibility, with Walk Score of 97 and Transit Score of 99, plus a Bike Score of 80.

    For investors seeking a residential income property, the mix of studios, one-bedrooms, and a two-bedroom duplex penthouse may support a diversified tenant profile within the building. The inclusion of laundry income is noted in the current revenue figures provided, and the offering frames both immediate operating results and potential rent-driven improvement based on the stated projections.
    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

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.927125
    Latitude
    40.768898

    FAQs

    What type of property is this?
    Apartment building - 8-unit income property with studio, one-bedroom apartments, and a two-bedroom duplex penthouse.
    Where is this apartment building located?
    The property is located at 3018 23rd St Queens, NY.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: 8‑family multifamily building built in 2006; Unit mix: 1 studio, 6 one‑bedroom units, and 1 two‑bedroom duplex penthouse; Approx. $244,605.60 annual gross income including laundry income
    More about this property
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