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Property profile & analytics
OFF-MARKET
Apartment buildings

23-59 32Nd St Queens, NY 11105

1,800 SF
Property ID
Property summary
AI-generated overview

This turnkey, fully detached legal three-family home in Astoria's Ditmars area presents a compelling investment opportunity. The property boasts three renovated one-bedroom apartments, each offering comfortable living spaces. Situated on a 1,625 square foot lot, the building is a three-story structure with approximately 1,800 to 2,000 square feet of living space. Its prime location offers convenient access to Ditmars Boulevard, a vibrant hub of Astoria's business district, placing residents within walking distance of a diverse array of amenities including bars, restaurants, supermarkets, and fitness centers. The property's potential is further enhanced by an additional 390 square feet of available air rights, presenting opportunities for expansion or increased rental income. The asking price for this exceptional investment property is $1,535,000. Proof of funds or pre-approval is required for showings. This is a rare opportunity to acquire a well-maintained multifamily property in a highly desirable and rapidly appreciating neighborhood. The property is located at 23-59 32nd Street, Queens, NY 11105, in Queens County.

Property profile
Verified
Property type Apartment buildings
Total area 1,800 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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