Two-Family Brick Home with
23-19 32ND STREET Astoria, NY 11105
23-19 32ND STREET, Astoria, NY, 11105
$1,399,000
For Sale
$1,399,000
MULTI_FAMILY - ASTORIA, NY
Property Size2,016 SF
Price / SF$693.95
Days on Market123
Property Features for 23-19 32ND STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 3
- Standard status
- Active
Building Details
- Floors in Building
- 2
Listing Agency
METROPOLIS INTERNATIONAL REALTY INC
(718) 545-9700
29 17 23RD AVE, ASTORIA, NY
Listed by
Angela Metaras
(718) 545-9700
Added: Mar 17 Checked: Jul 17 at 11:06 pm
MLS# 11831476
Listing URL
Copyright © 2026 My State 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.
Built in 2004, this newer two-family brick home offers two distinct residences over the ground and upper levels. The ground level features a spacious studio apartment with an open layout that includes a living/sleeping area, kitchen, and full bathroom. The second and third floors comprise a large three-bedroom duplex apartment. The second floor includes a very large living room, an eat-in kitchen and dining area, and a nice-sized balcony off the kitchen, along with a full bathroom. The third floor adds three bedrooms, a full bathroom, and an in-unit washer and dryer for convenient laundry.
The property is located in Astoria on a residential block near 23rd Avenue and 32nd Street. The surrounding area offers access to shopping, restaurants, parks, and public transportation.
Designed to support both owner-occupants and investors, the home includes separate heating and hot water systems for each apartment, helping maintain distinct service for the two units. Additional amenities include a basement and private parking with no garage, along with a backyard for outdoor space. The building dimensions are approximately 20 ft by 50.5 ft, totaling approximately 2,016 sq ft, providing a practical layout for multi-family living.
The property is located in Astoria on a residential block near 23rd Avenue and 32nd Street. The surrounding area offers access to shopping, restaurants, parks, and public transportation.
Designed to support both owner-occupants and investors, the home includes separate heating and hot water systems for each apartment, helping maintain distinct service for the two units. Additional amenities include a basement and private parking with no garage, along with a backyard for outdoor space. The building dimensions are approximately 20 ft by 50.5 ft, totaling approximately 2,016 sq ft, providing a practical layout for multi-family living.
Key Highlights
- 2004 newer two‑family brick home in Astoria near 23rd Ave & 32nd St
- Ground‑level studio apartment with open living/sleeping area, kitchen, and full bathroom
- Second/third‑floor duplex with large living room, eat‑in kitchen/dining, balcony, and full bathroom
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.1k | $46.20 |
| − Vacancy | −$3.5k | −$1.76 |
| EGI | $89.6k | $44.44 |
| − OpEx | −$40.3k | −$20.00 |
| NOI | $49.3k | $24.44 |
2,016 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$704.0K
$616.0K – $821.3K
NOI $49,280 @ 7.0% cap · market cap 3.52%
Second Best
Multifamily LT 5
$476.7K
$417.1K – $556.1K
NOI $33,368 @ 7.0% cap · market cap 2.39%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M
NOI $104,035 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Newer brick two-family built in 2004 with private parking, backyard, and separate heating and hot water systems.
Where is this duplex located?
The property is located at 23-19 32ND STREET Astoria, NY.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 2004 newer two‑family brick home in Astoria near 23rd Ave & 32nd St; Ground‑level studio apartment with open living/sleeping area, kitchen, and full bathroom; Second/third‑floor duplex with large living room, eat‑in kitchen/dining, balcony, and full bathroom
