- For Sale $6,500,000
- Property Type Multi-Family
- Property Size 4,591 SF
- Lot Size 0.05 Acre
- Cap Rate % 4.1
- Year Built 2015
- Date Updated Apr 29, 2026
Description
• Three new construction buildings totaling 18 units
• All 3 buildings are Protected Tax Class 2A
• All 3 buildings have a 421A expiring in 2032, after which the apartments will revert to FM
• Tenants pay for all utilities in each building
• All 3 buildings have large storage spaces in the basements
• First sale by original developer
• The properties are located near busy retail corridors in Astoria and Corona with shopping, dining, and entertainment options
• Within walking distance to the Woodhaven Blvd and the 30th Ave Stations
False
Contacts
Lev Mavashev
Alpha Realty
Location
Located at 14-18 31st Ave, Astoria, NY 11106, this property is part of the South Astoria neighborhood and Queens market.
Contact Listing Broker
Lev Mavashev
Alpha Realty
.jpg?width=288 "Astoria — 29 Units + 1 Commercial | 100% Free-Market")
