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$ 3,300,000
Est. payment | /mo
4,399 Sqft Lot
$ 3,300,000
Est. payment | /mo
4,399 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1051069
Rental Info No
Year Built 1928
Annual Tax Amount $41,664
Lot Size 4,399 Sqft
Acres 0.101
Property Sub-Type Multi Family
Source onekey2
Property Description
21-45 23rd Street is a well-maintained, four-story, 16-unit prewar walk-up ideally situated on the corner of 21st Avenue and 23rd Street in Astoria's highly desirable Ditmars-Steinway neighborhood.
The current ownership schedule reflects 100% occupancy, consisting of 16 income-producing residential apartments.
Full Offering Memorandum
The property offers a compelling value-add opportunity. The asset demonstrates strong in-place cash flow while providing investors with meaningful income growth potential.
With its prime location, consistent occupancy, and favorable rent roll, 21-45 23rd Street represents an attractive multifamily investment in one of Astoria's most established and supply-constrained residential neighborhoods.
The current ownership schedule reflects 100% occupancy, consisting of 16 income-producing residential apartments.
Full Offering Memorandum
The property offers a compelling value-add opportunity. The asset demonstrates strong in-place cash flow while providing investors with meaningful income growth potential.
With its prime location, consistent occupancy, and favorable rent roll, 21-45 23rd Street represents an attractive multifamily investment in one of Astoria's most established and supply-constrained residential neighborhoods.
Location
State NY
County Queens
Rooms
Basement Common
Interior
Heating Natural Gas
Cooling Multi Units
Fireplace No
Exterior
Parking Features Shared Driveway
Utilities Available Electricity Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Contact Agent
School District Contact Agent
Others
Special Listing Condition None
Listed by Modern Spaces Love Your Place • Gregory Kyroglou
NEARBY SCHOOL & BUSINESS
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