1426 30Th Dr, Astoria, NY 11102

3,374 SF 0.09 ac lot Built 1930

Entity Owned 2-yr Hold ~ Est. High Equity

Property ID

US63-0762448

$1,200,000 3,374 SF

1426 30Th Dr, Astoria, NY 11102
View Listing →

Google Maps

This exceptional custom-built, beautifully renovated 5-family home presents a rare investment opportunity in the desirable Astoria, Queens neighborhood. Boasting a substantial 4,500 square feet on a 0.09-acre lot, this property generates a fantastic monthly income of $15,900, with a potential to reach $18,600. All five units are free-market, offering significant upside potential for rental income. The property features a three-car garage with additional parking, providing further income streams or convenience for residents. This turnkey property is ideal for an investor seeking immediate cash flow and long-term appreciation. The building's strong financial performance and prime location in Astoria make it a highly attractive investment. The current income stream alone makes this a compelling opportunity, with the potential for further rental increases. The property's size and layout offer flexibility for owner occupancy, allowing one unit to be used as a residence while the remaining four units generate rental income. This is a truly exceptional opportunity to acquire a high-performing, legal 5-family home in a sought-after location. The combination of strong rental income, ample parking, and prime Astoria location makes this a must-see investment property. Don't miss this chance to own a piece of Astoria's thriving real estate market. The asking price is $2,700,000.