3431 29Th St Astoria, NY 11106

Property Details for 3431 29Th St

Year built

1915

Lot size

0.06 lot acres

Property type

Commercial real estate

Description

This exceptional Astoria investment property presents a rare opportunity to acquire two legal two-family homes situated on a single 0.06-acre lot at 3431 29th Street. The property comprises two buildings: a semi-detached front building (19.5' x 37') and a detached rear building (22' x 32'). Each building houses two apartments, totaling four units in all. The front building's apartments boast living rooms, new eat-in kitchens with granite countertops, three bedrooms in one unit and two bedrooms in the other, and one updated full bathroom each. The rear building mirrors this layout, offering similar spacious apartments with updated kitchens and bathrooms. Both buildings feature basements providing ample storage space and housing the mechanical systems, each with a separate entrance. Recent upgrades include four new exterior gas meters, new windows throughout, and updated boilers and hot water tanks. There are no homeowner's association fees. A shared patio area enhances the property's appeal. This property's prime location offers convenient access to public transportation and local shopping, making it an ideal investment for generating strong rental income. The property's size and layout offer significant potential for future development or expansion. This is a truly unique opportunity in a highly desirable Astoria neighborhood.