- For Sale $3,300,000
- Property Type Multi-Family
- Property Size 6,580 SF
- Units 9
- Lot Size 7,500 SF
- # of Floors 4
- Average Floor Size 1,462 SF
- Parking Spaces Avail. 15
- Parking Ratio 2.28 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class A
- Year Built 1931
- Year Renovated 2010
- Date Updated Feb 5, 2026
- Construction Type Brick
Description
PROPERTY MUST BE PURCHASED WITH ADJACENT LAND AVAILABLE (ASKING $1,000,000)
Land information: lot size is 50 x 150, zoning is R5B. There are five garages with space for an additional 10 cars.
Incredible investment opportunity! Nine family building, with 8 two-bedroom apartments and 1 one-bedroom apartment. Building SqFt is 3,525 with 5,062 SqFt of unused FAR. There is a full basement, new roof, gas boiler, and separate 100-gallon water heater. Ideal location in Astoria near subway, highways, and access to Manhattan.
Gross Annual Income - $185,588
Yearly Total Expenses - $61,946
Net Operating Income - $123,642
Highlights
- Five minutes to RFK Bridge
- Two minutes walk to Astoria Park
- 10 Parking Spaces
- Side Yard
- 5 Cars Garage
- Available FAR to build approximately 3500 sq ft
- Full Basement
- Five minutes to RFK bridge and Astoria Park
- Empty lot next to the building with R5B zoning
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Contacts
Papp Realty
Licensed Real Estate Broker
Location
Located at 2414 21st St, Astoria, NY 11102, this property is part of the Ditmars - Steinway neighborhood and Queens market.
Papp Realty
Licensed Real Estate Broker