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Six-Unit Multifamily Building
For Sale
$1,390,000

3067 42nd Street, Astoria, NY 11103

Fully occupied 6-family property with rent-stabilized 3-bedroom, 1-bath units and a full basement.

Property SizeContact for details
Lot Size0.06 Acres
Days on Market114

Property Features for 3067 42nd Street

General Information

Standard status Active
Lot size 0.06 Acres
Property subtype Commercial
Zoning R5
Occupancy 100%

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $18,264

Amenities

Full basement
Baseboard Heating
Hardwood Flooring

Building Details

Year Built 1928
Tenancy Multi
Listing Agency: HOMIX REALTY INC
Listed By: MEIXUAN LI · License #993908
Source: Corcoran
Added: May 2 Changed: Aug 22 Last Checked: Aug 23 at 2:16AM

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 HOMIX REALTY INC

Investment Insights

Based on property information with market context.

This fully occupied six-unit multifamily building offers six spacious apartments, each configured with 3 bedrooms and 1 bathroom. The units are identified as rent-stabilized, providing a steady in-place rental profile. The property also includes a full basement.

The building is located at 3067 42nd Street in Astoria, NY, and is zoned R5. The N/W 30th Ave Station is described as about a 15-minute walk away, and the Q18 bus is noted as about two blocks away on Steinway St. Major regional routes listed in the remarks include Queensboro Bridge, Grand Central Parkway, and Triboro Bridge.

With dimensions provided as 28 by 68 for building size and 28 by 100 for lot size, the offering presents a defined residential income asset in an area convenient to multiple transportation connections and access points.

Key Highlights

  • Legal 6‑family building, fully occupied with six rent‑stabilized units
  • Each unit offers 3 bedrooms and 1 bathroom
  • Full basement

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Nursing Home Garden Center Pet Grooming Service Adult Day Care

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

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7,213
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied 6-family property with rent-stabilized 3-bedroom, 1-bath units and a full basement.
Where is this apartment building located?
The property is located at 3067 42nd Street Astoria, NY.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Legal 6‑family building, fully occupied with six rent‑stabilized units; Each unit offers 3 bedrooms and 1 bathroom; Full basement
More about this property
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