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24-14 43rd St Queens, NY 11103

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Income-producing, six-unit multifamily property in the heart of Astoria, Queens.

Type:Multifamily
Property size:
3,780 SF
Added:
Oct 18, 2024
Days on Market:
548
Last Refresh:
Mar 17 at 1:13 pm

Property Features for 24-14 43rd St

General Information

Standard status
Active
Size
3,780 SF
Property subtype
Multifamily

Building Details

Year Built
1929

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Listing Contact
Christos Lolis

Listing agent Christos Lolis License #10991229709

Listing office EAST COAST NEW YORK

Listing date Oct 18, 2024

Source Crexi

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 EAST COAST NEW YORK


Overview

Astoria Multifamily Investment Opportunity

This is a structurally sound, solid brick, detached, income-producing multifamily property with six units located in Astoria, Queens, New York. The building is in good condition with a solid brick exterior and a stucco finish on the lower front portion. The roof is in good condition. There are seven new gas meters. Two fuel tanks are located in the basement, one of which is relatively new. The property is conveniently located off I-278, offering a 30-minute commute to Manhattan and 10 minutes to LaGuardia Airport. It is also within walking distance to the train and directly across the street from the M42 bus stop. Nearby amenities include delis, restaurants, laundromats, places of worship, and supermarkets. All apartments are in good condition and have been well maintained with one-year leases. The unit mix comprises four two-bedroom apartments and two two-bedroom apartments. The gross annual income is approximately $126,000, with a net income of about $83,000 per year after expenses. The property size is 3,780 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

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City
Queens
County
Queens
State
New York
Longitude
-73.900531
Latitude
40.7744209

FAQs

What type of property is this?
Apartment building - Income-producing, six-unit multifamily property in the heart of Astoria, Queens.
Where is this apartment building located?
The property is located at 24-14 43rd St Queens, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Income‑producing multifamily property netting approximately $83,000 annually.; Six‑unit building with a mix of well‑maintained two‑bedroom apartments, all currently leased.; Prime Astoria location with excellent access to amenities (delis, restaurants, supermarkets, etc.).
More about this property
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