11-46 Welling Ct Queens, NY 11102

This well-maintained, three-story walk-up apartment building in the desirable Old Astoria neighborhood of Queens presents a compelling investment opportunity. Built in 1990, the property encompasses approximately 4,425 square feet and features six residential units, offering a solid foundation for stable returns. Situated between the East River waterfront and Vernon Boulevard, the building enjoys proximity to major attractions and amenities. Old Astoria is experiencing significant growth, with new developments like the 647-unit Halletts Point project poised to further elevate rental demand. This property boasts a consistent 12-year history of cash flow, promising long-term appreciation in a highly promising area of Astoria. The asking price is $2,195,000. Detailed income and expense statements, along with additional photographs, are available upon request. This free-market building offers investors a chance to capitalize on the thriving Astoria rental market. The property's location and history of consistent cash flow make it an attractive investment prospect.