Search
Astoria Multifamily Investment Opportunity
For Sale
$3,800,000

21-51 27th Street, Astoria, NY 11105

MULTI_FAMILY - Astoria, NY

Property SizeContact for details
Lot Size0.09 Acres
Days on Market118

Property Features for 21-51 27th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5D
Rooms Basement
Basement Full
Directions 27 St Between 21st Avenue and Ditmars Blvd. GPS
Standard status Active
APN 00857-0013
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 64734

Utilities

Sewer type Public Sewer
Heating system Oil
Water source Public

Building Details

Year built 1927
Floors in Building 4
Number of units 16
Building materials Brick
Listing Agency: Citi Zone Realty LLC
Listed By: Mario Tsikis CBR · License #49TS1105322
Added: Apr 17 Changed: May 12 Last Checked: Aug 12 at 6:06PM
MLS# 987160

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.

Located in Astoria, Queens, this multifamily building features 16 units. The property includes 12 fully renovated apartments and an updated roof. The building is in excellent condition. Situated in a desirable and high-demand corridor of Astoria, this property offers rental appeal and consistent cash flow. The lot size is 0.0892 acres.

Key Highlights

  • Prime Astoria location in a high‑demand corridor.
  • 16‑unit multifamily building offering exceptional stability.
  • 12 fully renovated apartments.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Buffet Butcher Pet Grooming Service (Bike/Boat/Book/etc) Store Adult Day Care Nursing Home

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

4,839
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - 16-unit multifamily building in Astoria, Queens with strong rental appeal.
Where is this apartment building located?
The property is located at 21-51 27th Street Astoria, NY.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Prime Astoria location in a high‑demand corridor.; 16‑unit multifamily building offering exceptional stability.; 12 **fully renovated apartments**.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message