Astoria Mixed-Use Investment Opportunity

43-06 34 Avenue, Astoria, NY 11101

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For Sale

$2,800,000

MULTI_FAMILY - Astoria, NY

Lot size:

0.05 Acres

HighLights

Mixed‑use brick building built in 1928 with ground‑floor retail and three residential units above
Ground‑floor restaurant tenant has about 2 years remaining on its lease
Residential units include one 3‑bedroom, one 2‑bedroom, and one 1‑bedroom apartment—all currently occupied and month‑to‑month
One block from Northern Boulevard and about a five‑minute walk to the R/M subway station
Public water and public sewer; natural gas heating with window/wall unit cooling
Interior features include beamed ceilings and high‑speed internet

We can help!

Listing Contact

Vincent J. Alessi SFR SRES

For Sale

$2,800,000

MULTI_FAMILY - Astoria, NY

Lot size:

0.05 Acres

Added:: Mar 21, 2026
Days on Market:: 87
Last Refresh:: Jun 15 at 3:06 pm

Property Features for 43-06 34 Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 7
Bathrooms: 3
Rooms: Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 7, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 5, Bedroom 4
Interior features: Beamed Ceilings, High Speed Internet
Basement: Unfinished
Standard status: Active
APN: 4007030027
Lot size: 0.05 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 35354

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas
Cooling system: Window Unit(s), Wall/Window Unit(s)
Water source: Public

Building Details

Year built: 1928
Number of units: 4
Building materials: Brick

We can help!

Listing Contact

Vincent J. Alessi SFR SRES

Listing agent Vincent J. Alessi SFR SRES

Listing office Charles Rutenberg Realty Inc 255 Executive Dr Ste 208, Plainview, NY

Listing date Mar 21, 2026

MLS# 974837 Listing URL

HighLights

Mixed‑use brick building built in 1928 with ground‑floor retail and three residential units above
Ground‑floor restaurant tenant has about 2 years remaining on its lease
Residential units include one 3‑bedroom, one 2‑bedroom, and one 1‑bedroom apartment—all currently occupied and month‑to‑month
One block from Northern Boulevard and about a five‑minute walk to the R/M subway station
Public water and public sewer; natural gas heating with window/wall unit cooling
Interior features include beamed ceilings and high‑speed internet

Overview

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: one three-bedroom apartment, one two-bedroom apartment, and one one-bedroom apartment, all currently occupied and month to month. The property has been maintained and upgraded, offering a turn-key investment. Located in 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 and restaurants. The property represents an opportunity to acquire a mixed-use asset with cash flow and long-term upside in a Queens location.

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Location Insight

Map
Local Demand

City: Astoria
County: Queens
State: New York
Longitude: -73.91835
Latitude: 40.755283

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For sale
Mixed-use properties
NY
Astoria
11101
43-06 34 Avenue

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 $2,800,000.

What are key features of this property?

This property features: Mixed‑use brick building built in 1928 with ground‑floor retail and three residential units above; Ground‑floor restaurant tenant has about 2 years remaining on its lease; Residential units include one 3‑bedroom, one 2‑bedroom, and one 1‑bedroom apartment—all currently occupied and month‑to‑month

43-06 34 Avenue, Astoria, NY 11101

MULTI_FAMILY - Astoria, NY

Property Features for 43-06 34 Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Astoria Religious Community Development Portfolio

Renovated Astoria Multifamily Brick Home

Mixed-Use Building in South Astoria

Astoria Three-Family Home

Astoria Multi-Unit Income Property

Astoria Fourplex with Expansion Potential

Astoria Multifamily Building Auction

Mediterranean Restaurant with Outdoor Seating

Legal 7-Unit Multifamily Building

Astoria Two-Family Home Opportunity

Astoria Community Facility Portfolio For Sale

Astoria Two-Family Home Opportunity

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