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Kevin Kalyan

info@goldstarpremier.com +1(516) 593-2800

$ 1,240,000

Est. payment | -/mo

2,482 Sqft Lot

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$ 1,240,000

Est. payment | -/mo

Save

2,482 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 967531

Style Row Dwelling

Rental Info No

Year Built 1928

Annual Tax Amount $18,568

Lot Size 2,482 Sqft

Acres 0.057

Property Sub-Type Multi Family

Source onekey2

Property Description

Welcome to 31-72 44th Street, Astoria. This is an exceptional investment opportunity in the heart of vibrant Astoria! This well-maintained legal 6 family building features six two-bedroom apartments, offering a desirable unit mix in one of Queens' most sought-after neighborhoods. All units are rent stabilized and consist of four currently occupied units, providing immediate rental income, while the two top-floor apartments adjoining each other will be delivered vacant. No rent-controlled apartments. This unique configuration offers excellent flexibility for an owner to live in one unit or combine the two units to create an expansive living space while still benefiting from strong rental income from the remaining apartments. The strong rental history with long term tenants and potential for rental growth enhance long term value. Additional building features include a full basement offering ample storage space and laundry, enhancing tenant convenience and long-term value. A private rear yard provides outdoor space that is rarely found in multifamily properties and adds further appeal for residents. Ideally situated on quiet residential block yet just moments from Astoria's vibrant dining scene, shopping, parks, and convenient transportation options, the property enjoys consistently strong rental demand. Whether you are an investor looking for a stable, income-producing asset or a user seeking the opportunity to live in a large owner's residence while collecting rental income, 31-72 44th Street represents a rare opportunity to acquire a solid six-unit property in the thriving Astoria Market. Building Size (25X66) =Approximately 4458 Sqft. Lot Size (25X100) Zoning R5

Location

State NY

County Queens

Rooms

Basement Full, Partially Finished, Storage Space, Walk-Out Access

Interior

Heating Oil

Cooling Wall/Window Unit(s)

Flooring Hardwood, Linoleum

Fireplace No

Exterior

Parking Features Open

Fence Back Yard, Front Yard

Utilities Available Electricity Connected, Natural Gas Connected

View City

Building

Lot Description Back Yard, Garden, Level

Story 3

Foundation Block, Brick/Mortar, Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Block

Schools

Elementary Schools Ps 70

Middle Schools Is 10 Horace Greeley

High Schools Queens 30

School District Queens 30

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by LAFFEY REAL ESTATE • Philip C. Laffey

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(516) 593-2800

info@goldstarpremier.com

70 Charles Lindbergh Blvd #201, Uniondale, New York 11553, USA

31-72 44th ST Astoria, NY 11103