Mixed-Use Property with
New
For Sale
$2,100,000
1833 27th Avenue, Astoria, NY 11102
Residential Income, Astoria, NY
Property Size3,432 SF
Lot Size0.04 Acres
Price / SF$611.89
Days on Market4
Property Features for 1833 27th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Dining Room, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Basement, Bedroom 3, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 3
Parking features
On Street
Interior features
Built-in Features, Eat-in Kitchen, Formal Dining, High Ceilings
Basement
Storage Space, Full, Partially Finished
Accessibility
Accessible Approach with Ramp
Elementary school
Ps 17 Henry David Thoreau
Middle school
Albert Shanker Sch-Visual/Perf Arts
High school
William Cullen Bryant High School
Elementary school district
Queens 30
Middle school district
Queens 30
High school district
Queens 30
Standard status
Active
APN
00885-0104
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
9771
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Steam
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
1901
Number of units
3
Flooring type
Vinyl, Tile
Building materials
Block
Listing Agency:
EXP Realty
(888) 276-0630
Listed By:
Xingye Fu
(516) 336-9417
Added: Oct 3
Changed: Oct 6
Last Checked: Oct 6 at 6:06AM
MLS# 1058958
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-story mixed-use building includes two residential apartments, one commercial storefront, and a full basement. The property contains approximately 3,432 square feet of interior space on a 25-by-75-foot lot, with a building footprint of about 22 by 52 feet. Each apartment has three bedrooms and one full bathroom. The building was constructed in 1901 and has block construction.
The property is zoned R7X / C2-3. The N/W subway at Astoria Blvd is nearby, along with shopping and restaurants. Public water and sewer serve the property. On-street parking is available.
The property is zoned R7X / C2-3. The N/W subway at Astoria Blvd is nearby, along with shopping and restaurants. Public water and sewer serve the property. On-street parking is available.
Key Highlights
- Two residential units and one commercial storefront
- Approximately 3,432 square feet of interior space; full basement
- 25 x 75 lot; building footprint approximately 22 x 52
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,893
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,677,860
$1.7M
Cap Rate 7%
$1,198,471
$1.2M
Cap Rate 9%
$932,144
$932.1K
Market Conditions
NOI Build-Up for 3,432 SF
Gross rent
$158.6K $46.20/SF
− Vacancy
−$6.0K −$1.76/SF
EGI
$152.5K $44.44/SF
− OpEx
−$68.6K −$20.00/SF
NOI
$83.9K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,677,860
Cap Rate 7%
$1,198,471
Cap Rate 9%
$932,144
Alternative Uses
Best Use
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $83,893 @ 7.0% cap · market cap 3.99%
Second Best
Retail
$875.2K
$765.8K – $1.02M
NOI $61,261 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$2.53M
$2.21M – $2.95M
NOI $177,108 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,849
Businesses Nearby
Explore this area
Business Placement
Demographics for 11102, NY
37,468
Population
19,431
Households
1.9
Avg Household Size
36
Median Age
58%
College-Educated
90%
High-School Grad
0.7 sq mi
ZIP Area
53,526
Density / Sq Mi
$102,996
Median Household Income
$70,557
Median Earnings
$2,248
Median Rent
$779,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two apartments and a commercial space are served by three electric meters and three gas meters.
Where is this mixed-use property located?
The property is located at 1833 27th Avenue Astoria, NY.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Two residential units and one commercial storefront; Approximately 3,432 square feet of interior space; full basement; 25 x 75 lot; building footprint approximately 22 x 52
