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Seven-Unit Apartment Building
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3128 38th Street Unit #BLDG, Astoria, NY 11103

Partially finished apartment property with a community facility, private balconies, and upgraded interior finishes.

Space SizeContact for details
Days on Market10

Property Features for 3128 38th Street Unit #BLDG

General Information

Standard status Active
Property subtype Commercial
Zoning R6B

Taxes and HOA fees

Annual Taxes $26,939

Building Details

Year Built 2019
Listing Agency: NY Space Finders Inc
Listed By: Devin Navarro ([email protected])
Source: Ridgevalleyre
Added: Aug 4 Changed: Aug 8 Last Checked: Aug 12 at 7:03AM

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 NY Space Finders Inc

Investment Insights

Based on property information with market context.

This 2019 apartment building contains seven residences and an additional community facility. The partially finished property includes herringbone wood flooring, a premium window package, and private balconies serving each residence. The interior specification includes condo-grade finishes, while the penthouse duplex features double-height windows and 22-foot ceilings. A first-floor duplex provides two full bathrooms and a 1,000-square-foot private backyard.

The property is located at 3128 38th Street in Astoria, Queens, with restaurants, cafés, shops, and entertainment in the surrounding area. The building is zoned R6B and is presented for rental use or potential condominium conversion.

Key Highlights

  • Seven‑unit apartment building with an additional community facility
  • Built in 2019 and zoned R6B
  • Each residence includes a private balcony

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Nursing Home Garden Center Pet Grooming Service Adult Day Care

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

7,691
Businesses Nearby

Demographics for 11103, NY

37,362
Population
18,833
Households
2
Avg Household Size
36
Median Age
52%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
53,374
Density / Sq Mi
$92,787
Median Household Income
$59,050
Median Earnings
$2,120
Median Rent
$1,003,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Partially finished apartment property with a community facility, private balconies, and upgraded interior finishes.
Where is this apartment building located?
The property is located at 3128 38th Street Unit #BLDG Astoria, NY.
What is the lease rate?
The lease rate is $3,698,888.
What are key features of this property?
This property features: Seven‑unit apartment building with an additional community facility; Built in 2019 and zoned R6B; Each residence includes a private balcony
More about this property
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