3215 48th St

3215 48th St, Astoria, NY 11103

  • For Sale Contact for pricing
  • Property Type Multi-Family
  • Property Size 5,550 SF
  • Units 6
  • Lot Size 0.06 Acre
  • # of Floors 3
  • Year Built 1928
  • Date Updated Jun 21, 2023

Asset CRG Advisors has been exclusively retained to facilitate the sale of 32-15 48th Street, Astoria in Queens County.

The Property consists of six (6) residential units within a 3-story walk-up building. 2 of the 6 units are already owner-occupied and the remaining units have no leases- MTM.

All units are RS but the building can be potentially delivered vacant with CFK in place already.

The Property presents investors with a rare opportunity to deregulate all Rent Stabilized units through the "Substantial Rehabilitation" provision, which is exempt from the Emergency Tenant Protection Act (ETPA of 2019) or the Rent Stabilization Law (RSL) by abiding by required criteria.

The building offers an investor/developer an unbelievable opportunity to significantly renovate each unit and increase rents substantially.

New ownership stands to capitalize on the Property’s prime transit-oriented location between Northern Blvd & Broadway.

The M & R Subway line 46 Street Station stop is steps away.

Lastly, the subject property is in the middle of the amenity-rich Broadway & Northern Blvd retail corridors such as Retro Fitness, Best Buy, HMart, Marshalls, Home Depot, Michaels, Dollar Tree, etc.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Contacts

broker

Mike Sezan

Asset CRG Advisors

(646) 363-6213

Location

Getting Around

  • Walk Score ®

    96/100 Walker's Paradise
  • Transit Score ®

    98/100 Rider's Paradise
  • Bike Score ®

    69/100 Bikeable
Powered by Walk Score ®
  • City Astoria, NY
  • Neighborhood Woodside
  • Zip Code 11103
  • Market Queens

Points of Interest

  • 46th Street

    0.11 miles

  • Northern Boulevard

    0.38 miles

  • Steinway Street

    0.42 miles

  • 52nd Street–Lincoln Avenue

    0.78 miles

  • Broadway

    0.80 miles

  • Woodside

    0.81 miles

  • 61st Street–Woodside

    0.85 miles

  • 36th Street

    0.85 miles

  • 65th Street

    0.89 miles

  • 36th Avenue

    0.90 miles

  • 55

    0.13 miles

  • Gas Trac

    0.16 miles

  • Mobil

    0.21 miles

  • Citgo

    0.45 miles

  • bp

    0.56 miles

  • BP

    0.56 miles

  • Speedway

    0.63 miles

  • Husky

    0.71 miles

  • BP

    0.79 miles

  • Lukoil

    0.84 miles

  • Private Parking Lot

    1.13 miles

  • LaGuardia Community College Parking Lot

    1.57 miles

  • Central Parking System of New York, Inc.

    1.59 miles

  • Astoria Park Parking

    1.62 miles

  • Xtell Parking

    1.72 miles

  • P7

    1.74 miles

  • LaGuardia Airport Employee Parking

    1.74 miles

  • Hazen Street Rikers Island Parking

    1.77 miles

  • FDNY Fleet Services

    1.82 miles

  • Terminal A Parking

    1.83 miles

  • The Paper Factory Hotel

    0.80 miles

  • Fairfield Inn

    0.92 miles

  • Hotel Vetiver

    1.12 miles

  • Home2 Suites

    1.13 miles

  • Holiday Inn Long Island City-Manhattan View

    1.15 miles

  • WESTWAY HOTEL LAGUARDIA AIRPORT

    1.17 miles

  • Quality Inn

    1.17 miles

  • Nesva Hotel

    1.17 miles

  • Woodside Motel

    1.18 miles

  • Holiday Inn Express & Suites

    1.18 miles

  • New Win Shing

    0.03 miles

  • Veggie Lin Garden

    0.03 miles

  • El Autentico

    0.03 miles

  • Diner

    0.13 miles

  • Popeyes

    0.14 miles

  • Sushi X

    0.15 miles

  • Layali

    0.19 miles

  • Chuck E. Cheese's

    0.21 miles

  • Gino's Pizzeria

    0.22 miles

  • United Miner's Soccer Club

    0.22 miles

  • William C Bryant High School

    0.08 miles

  • I.S. 10

    0.29 miles

  • P.S. 70

    0.44 miles

  • Saint Josephs School

    0.52 miles

  • Most Precious Blood School

    0.52 miles

  • Corpus Christi School

    0.55 miles

  • Frank Sinatra School of the Arts

    0.65 miles

  • Public School 152

    0.66 miles

  • Kathryn M. Phelan School - P.S. 11

    0.69 miles

  • Saint Sebastian's R.C. School

    0.73 miles

  • The Learning Experience Day Care

    0.80 miles

  • Adventureland Child Care

    0.87 miles

  • Bright Start

    1.20 miles

  • Rainbowland Nursery School

    1.20 miles

  • Bright Start

    1.26 miles

  • Broadway Preschool

    1.41 miles

  • Bright Horizons

    1.43 miles

  • Astoria Child Daycare

    1.62 miles

  • Children of America

    1.72 miles

  • Jackson Development Center

    1.76 miles

Frequently Asked Questions

What is the total square footage of 3215 48th St?

3215 48th St totals 5,550 square feet.

When was this property built?

3215 48th St was built in 1928.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Mike Sezan

Asset CRG Advisors

(646) 363-6213