Astoria Six-Family Brick Building

23 Broadway Astoria, NY 11106

Claim this Listing
For Sale
$1,736,000

Six renovated one-bedroom apartments near the N-W Broadway train station.

Lot size:
0.04 Acres
Added:
Mar 17, 2025
Days on Market:
483
Last Refresh:
May 24 at 3:13 am

Property Features for 23 Broadway

General Information

Standard status
Active
Lot size
0.04 Acres

Listing office A & A Associates

Listing date Mar 17, 2025

Source Exprealty

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 A & A Associates


Investment Insights

Based on property information with market context.

This solid brick six-family building is located in a prime location within a seven-minute walk to the N-W Broadway train station. The building contains six renovated one-bedroom apartments. The property is situated close to a laundromat, Broadway shops, supermarkets, fresh produce, restaurants, trendy cafes, and nightlife. The building is well-maintained and includes a large basement and a gas/steam boiler heating system. The lot size is 20 feet by 80 feet, and the building size is 20 feet by 68 feet. The zoning is C1-4, R6A. The current gross income is $124,894.44, with total expenses of approximately $37,565.52 per year, resulting in a net income of $87,328.92 per year. Apartment 1F has a rent of $1,932.00 (legal rent $1,932.00), Apartment 1R has a rent of $1,700.00 (legal rent $2,507.40), Apartment 2F has a rent of $1,772.34 (legal rent $2,614.38), Apartment 2R has a rent of $1,549.53 (legal rent $1,893.23), Apartment 3F has a rent of $1,727.00 (legal rent $2,064.98), and Apartment 3R has a rent of $1,727.00 (legal rent $2,640.74).

Key Highlights

  • Owner financing available with a fixed‑rate mortgage and $800,000 down payment.
  • Solid brick six‑family building in a prime location with high income potential.
  • Current net annual income of $87,328.92.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Nursing Home Nursing Home Garden Center Pet Grooming Service Adult Day Care Clothing & Fashion Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Buffet

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Six renovated one-bedroom apartments near the N-W Broadway train station.
Where is this apartment building located?
The property is located at 23 Broadway Astoria, NY.
What is the asking price?
The asking price for this property is $1,736,000.
What are key features of this property?
This property features: Owner financing available with a fixed‑rate mortgage and $800,000 down payment.; **Solid brick six‑family building in a prime location with high income potential.**; Current net annual income of $87,328.92.
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