Astoria Quadruplex Near
For Sale
$1,350,000
34-26 10th Street, Queens, NY 11106
Legal quadruplex in Astoria, close to transportation and Manhattan.
Property Size2,840 SF
Price / SF$475.35
Days on Market367
Property Features for 34-26 10th Street
General Information
Standard status
Active
Size
2,840 SF
Property subtype
Quadruplex
Taxes and HOA fees
Annual Taxes
$3,790
Amenities
Square Feet
No
Other, Public
Other
Brick
Garage, Other
Building Details
Year Built
2001
Listing Agency:
Prime Realty
Listed By:
Edna Davoudi
(718) 229-2922
Source:
Compass
Added: Oct 31, 2025
Changed: Oct 25
Last Checked: Oct 30 at 5:09PM
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 Prime Realty
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Investment Insights
Based on property information with market context.
This semi-detached legal quadruplex is situated on a quiet residential block in Astoria, offering convenient access to transportation and a 15-minute commute to Midtown Manhattan. The property is located near the waterfront and Astoria Cove. The layout includes a studio plus a utilities room on the first floor, a second floor featuring three bedrooms, two full bathrooms, a living room, and a kitchen. The third floor comprises two 1-bedroom units, each equipped with a kitchen, living room/dining room, and a balcony. The building includes multiple balconies, one indoor garage, and three outdoor parking spaces. All units are currently rented to tenants. The property generates a gross annual income of $120,600. Annual expenses covered by the landlord include approximately $10,000 in taxes, approximately $11,000 for heat and cooking gas, approximately $6,000 for water, and approximately $4,500 for insurance. The location has a bike score of 82, indicating it is very bikeable, a walk score of 82, indicating it is very walkable, and a transit score of 100, indicating it is a rider's paradise.
Key Highlights
- High Gross Income: $120,600/year from rented units with excellent tenants.
- Legal Quadruplex: Semi‑detached building offering multiple rental income streams.
- Excellent Transportation: Transit Score of 100, near transportation, and 15 minutes to Midtown Manhattan.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,422
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,388,440
$1.4M
Cap Rate 7%
$991,743
$991.7K
Cap Rate 9%
$771,356
$771.4K
Market Conditions
NOI Build-Up for 2,840 SF
Gross rent
$131.2K $46.20/SF
− Vacancy
−$5.0K −$1.76/SF
EGI
$126.2K $44.44/SF
− OpEx
−$56.8K −$20.00/SF
NOI
$69.4K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,388,440
Cap Rate 7%
$991,743
Cap Rate 9%
$771,356
Alternative Uses
Best Use
Apartment 5plus
$991.7K
$867.8K – $1.16M
NOI $69,422 @ 7.0% cap · market cap 5.14%
Second Best
Multifamily LT 5
$671.5K
$587.6K – $783.5K
NOI $47,007 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,558 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
3,316
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Legal quadruplex in Astoria, close to transportation and Manhattan.
Where is this quadplex located?
The property is located at 34-26 10th Street Queens, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: High Gross Income: $120,600/year from rented units with excellent tenants.; Legal Quadruplex: Semi‑detached building offering multiple rental income streams.; Excellent Transportation: Transit Score of 100, near transportation, and 15 minutes to Midtown Manhattan.
