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Three-Unit Multifamily Property
For Sale
Contact for pricing
Pending

25-37 23rd St., Long Island City, NY 11106

Three-level residential income property with finished basement, private yard, and dedicated parking.

Property SizeContact for details
Lot Size0.05 Acres
Days on Market144

Property Features for 25-37 23rd St.

General Information

Standard status Pending
Total Parking Spaces 2
Lot size 0.05 Acres
Property subtype Multifamily

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR, 1 x 3BR/1BA, 1 x 3BR/1BA
Multifamily Units 3

Additional Details

Gross Income $68,400

Amenities

private back yard
front balcony

Building Details

Year Built 1970
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: Nest Seekers International
Listed By: M. Nahid Mollah · License #NY 10491203262
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 11:42PM

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 Nest Seekers International

Investment Insights

Based on property information with market context.

This three-unit residential property includes a two-bedroom first-floor apartment and two upper-level apartments with three bedrooms and one bathroom each. The second-floor residence adds a front balcony, while each apartment includes an eat-in kitchen and separate living area. A full finished basement is vacant, and the property also offers a private backyard and two-car parking. Separate boilers serve the building, with tenants responsible for heat, hot water, and electricity. Constructed in 1970, the building measures 20/50 and sits on a 20/100 lot.

The property is located in Long Island City near the N and Q trains, with a stated 15-minute trip to Midtown Manhattan. Astoria Park is four blocks away, and cafes, restaurants, supermarkets, banks, gyms, and other services are available along Astoria Boulevard, 23rd Avenue, and 30th Avenue.

Key Highlights

  • Three‑unit configuration with one two‑bedroom apartment and two three‑bedroom apartments
  • Full finished basement is vacant
  • Two‑car parking and private backyard

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Furniture & Home Goods Parking Lot & Garage Real Estate Agency Acupuncture 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.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,987
Businesses Nearby

Demographics for 11106, NY

41,722
Population
21,681
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
46,358
Density / Sq Mi
$85,573
Median Household Income
$62,254
Median Earnings
$2,032
Median Rent
$639,200
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?
Triplex - Three-level residential income property with finished basement, private yard, and dedicated parking.
Where is this triplex located?
The property is located at 25-37 23rd St. Long Island City, NY.
What are key features of this property?
This property features: Three‑unit configuration with one two‑bedroom apartment and two three‑bedroom apartments; Full finished basement is vacant; Two‑car parking and private backyard
More about this property
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