35-16 Astoria Blvd Queens, NY 11103
- Mixed-use properties
- 14,114 SF
Current Use by Public Records
- Worldwide Association of Notable Alumni / Association / Organization
- Talent Prep Astoria Preschool - G&T and Mandarin Programs / Preschool / Chinese Language School
Property Details for 35-16 Astoria Blvd
- Year built
- 2016
- Property size
- 14,114 SF
- Property type
- Mixed-use properties
Description
This exceptional six-story mixed-use building, constructed in 2016, presents a compelling investment opportunity in the vibrant Astoria, Queens neighborhood. Spanning 14,114 square feet, with 13,000 square feet of net rentable space, the property boasts 15 residential units, all of which can be delivered vacant upon sale. A significant advantage is the presence of a 421A tax abatement, offering substantial tax savings. The building's modern design incorporates high-end amenities and appliances, including stainless steel refrigerators, dishwashers, and ovens, within open-concept apartments featuring ample natural light. Ground floor space is dedicated to a community facility, enhancing the property's appeal and potential uses. Adding to its desirability are eight parking spaces and a rooftop terrace. Located at 35-16 Astoria Blvd, Queens, NY 11103, this property is ideally situated near public transportation and a wealth of local amenities, making it an attractive proposition for value-add investors. The building is zoned C4-3. The asking price is $9,988,888.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.9142
- Latitude
- 40.7694
