Astoria Mixed-Use Investment
For Sale
$2,700,000
43-06 34 Avenue, Astoria, NY 11101
Free-market, income-producing property in a desirable Queens neighborhood.
Property Size4,020 SF
Days on Market180
Property Features for 43-06 34 Avenue
General Information
Standard status
Active
Size
4,020 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$35,354
Amenities
Wall/Window Unit(s)
Natural Gas
Unfinished
Beamed Ceilings, High Speed Internet
No Garage, None
Building Details
Building Size
4,020 SF
Year Built
1928
Listed By:
Vincent J. Alessi SFR SRES
(646) 358-7254
Source:
Evrealestate
Added: Mar 21
Changed: Sep 13
Last Checked: Sep 15 at 4:51AM
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 Vincent J. Alessi SFR SRES
Investment Insights
Based on property information with market context.
This well-positioned asset presents an opportunity to acquire a free-market, income-producing property in a rapidly growing neighborhood in Queens. The building features a tenant mix and consistent cash flow. The ground floor retail space is occupied by a restaurant with two years remaining on its lease, providing commercial income. Above the retail space are three residential units, consisting of one three-bedroom apartment and two one-bedroom apartments, all currently occupied and one with a one-year lease remaining. The property has updated plumbing and electrical systems throughout the building. Located in prime Astoria, the property is one block from Northern Boulevard and a five-minute walk to the R/M subway station, providing access to Manhattan and surrounding neighborhoods. The area is surrounded by retail corridors, restaurants, and residential growth, making Astoria a sought-after investment market. This mixed-use asset offers immediate cash flow and long-term upside in a Queens location.
Key Highlights
- Free‑market, income‑producing property in a desirable and rapidly growing Astoria location.
- Strong tenant mix with consistent cash flow, ideal for long‑term investment and appreciation.
- Ground floor retail space occupied by a popular restaurant providing reliable commercial income.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,316
Businesses Nearby
Explore this area
Business Placement
Demographics for 11101, NY
48,867
Population
27,093
Households
1.8
Avg Household Size
33
Median Age
65%
College-Educated
90%
High-School Grad
2.6 sq mi
ZIP Area
18,795
Density / Sq Mi
$116,807
Median Household Income
$83,892
Median Earnings
$2,740
Median Rent
$995,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Free-market, income-producing property in a desirable Queens neighborhood.
Where is this mixed-use property located?
The property is located at 43-06 34 Avenue Astoria, NY.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Free‑market, income‑producing property in a desirable and rapidly growing Astoria location.; Strong tenant mix with consistent cash flow, ideal for long‑term investment and appreciation.; Ground floor retail space occupied by a popular restaurant providing reliable commercial income.
