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Fully Occupied Mixed-Use Investment
For Sale
$11,500,000

2447 44th Street, Astoria, NY 11103

Free-market building with residential and commercial units, parking.

Property SizeContact for details
Days on Market123

Property Features for 2447 44th Street

General Information

Standard status Active
Total Parking Spaces 11
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $175,124

Building Details

Year Built 1948
Listing Agency: NY Space Finders Inc
Listed By: Rocco Pasquariello (rocco@nyspacefinders.com) · License #10351202702
Source: Iaquintarealestate
Added: Apr 24 Changed: Aug 23 Last Checked: Aug 23 at 6:06AM

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 fully occupied, free-market mixed-use building at 24-47 44th Street offers a diversified income stream and long-term investment potential. The property features 24 residential units and 4 commercial spaces. Eleven on-site parking spaces are included. Tenants are responsible for their own utilities. Located in a well-connected area with convenient access to major highways, bridges, and public transportation. The surrounding neighborhood offers residential density, local retail, dining, and everyday amenities supporting consistent occupancy. The location has a bike score of 69, indicating it is bikeable, a walk score of 96, designating it as a walker's paradise, and a transit score of 100, marking it as a rider's paradise.

Key Highlights

  • Fully Occupied Mixed‑Use Building: Immediate income from 24 residential units and 4 commercial spaces.
  • Free Market Units: Potential for increased rental income.
  • Excellent Transit Score (100): "Rider's Paradise" with exceptional access to public transportation.

Property Analytics

Current Use

Nywc Association Or Organization RGG Maintenance & Renovation ... Hardware & Home Improvement

Suggested Use

Top Pick Law Firm Nursing Home Parking Lot & Garage Hotel & Motel Clothing & Fashion Store Home Appliance Store

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

5,376
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Free-market building with residential and commercial units, parking.
Where is this mixed-use property located?
The property is located at 2447 44th Street Astoria, NY.
What is the asking price?
The asking price for this property is $11,500,000.
What are key features of this property?
This property features: Fully Occupied Mixed‑Use Building: Immediate income from 24 residential units and 4 commercial spaces.; Free Market Units: Potential for increased rental income.; Excellent Transit Score (100): "Rider's Paradise" with exceptional access to public transportation.
More about this property
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