22-37 47Th St Queens, NY 11105
This Astoria, Queens investment opportunity presents a charming 2-family home ideally situated on a tree-lined block in the desirable Upper Ditmars neighborhood. The property, built in 1965, boasts 2,880 square feet across three stories and sits on a 2,699 square foot lot. The building features two 2-bedroom, 1-bathroom units, each with spacious living rooms and ample natural light. A unique feature is a first-floor walk-in area with access to a large backyard, perfect for recreation or entertaining. Additional amenities include an attached one-car garage and additional parking space. The property benefits from a convenient location, within walking distance of restaurants, cafes, shops, and public transportation, with easy access to major thoroughfares. The R4 zoning offers potential for future development or expansion. Annual property taxes are $10,915. This is a rare opportunity to acquire a well-maintained multifamily property in a highly sought-after location. The building dimensions are approximately 20' x 48'. The lot dimensions are approximately 20' x 100'.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.