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    30-78 43Rd St Queens, NY 11103

    For Sale
    $2,950,000

    Luxury Astoria Multifamily Investment

    Property size:
    3,339 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This stunning, gut-renovated three-family townhouse in the heart of Astoria, Queens presents a unique investment opportunity. Boasting 3,339 square feet across three units, this 1910 building underwent a complete renovation in 2018. Each unit features upscale finishes including dramatic high ceilings, light-colored oak flooring, spacious living rooms with exposed brick, and gourmet open kitchens equipped with Caesarstone quartz islands, Brito fixtures, sleek white cabinetry, and THOR stainless steel appliances, including dishwashers and wine coolers. The first two units offer two bedrooms and two bathrooms, while the top floor unit boasts three bedrooms and two bathrooms. All units include central AC, CityQuiet windows with solar shades, in-unit Maytag washer/dryers, LED lighting, and video intercom systems. Bathrooms feature Italian marble and porcelain, Toto toilets, and tempered glass showers/tubs. The building sits on a 1,939 square foot lot (19' x 101') and is zoned R5. The asking price is $2,950,000, representing a price per square foot of $883.50 and a price per unit of approximately $983,333. The property offers a 5.26% cap rate and is conveniently located near subway stations and all that Astoria has to offer. This meticulously crafted property with its spacious floor plans and high-end finishes represents a compelling investment in a thriving neighborhood. The building measures 19.17' x 40'.

    Property Features for 30-78 43Rd St

    General Information

    Property type
    Multifamily properties
    Square Feet
    3,339 SF

    Building Details

    Year Built/Renovated
    1910/2018
    Buildings
    1
    Stories
    3
    Units
    3
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.9143161
    Latitude
    40.7609813

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    FAQs

    What type of property is this?
    Multifamily property - Luxury Astoria Multifamily Investment
    Where is this multifamily property located?
    The property is located at 30-78 43Rd St Queens, NY.
    What is the asking price?
    The asking price for this property is $2,950,000.
    Request Owner's contact information
    30-78 43Rd St Queens, NY 11103
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    Queens, NY 11103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    30-78 43Rd St Queens, NY 11103
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