3020 49th Street, Astoria, NY 11103 (MLS # 842683)
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Exceptional 6-unit multifamily investment opportunity in the heart of Astoria, Queens. This well-maintained, three-story building offers 5,250 square feet of residential space in one of New York City's most sought-after neighborhoods. Priced below replacement cost, this property presents a rare chance to acquire a stable asset with strong cash flow and significant long-term appreciation potential. Property Highlights: - Prime Location: Situated at the intersection of 30th Avenue & 49th Street, this property is surrounded by bustling restaurants, shops, laundromats, churches, and mass transit options. Just minutes from Steinway Street, residents enjoy unparalleled convenience, while Manhattan is only 20 minutes away"”perfect for those seeking a balance between city access and Astoria's charming neighborhood feel. - Fully Leased Investment: With 100% occupancy, this property generates immediate cash flow from day one, making it a turnkey investment with minimal risk and strong upside potential as Astoria continues to grow. Featured Commercial Sales.
| DAYS ON MARKET | 86 | LAST UPDATED | 6/25/2025 |
|---|---|---|---|
| YEAR BUILT | 1928 | COUNTY | Queens |
| STATUS | Sold | PROPERTY TYPE(S) | Commercial |
| Elementary School | 30Th Avenue School (The) |
|---|---|
| Jr. High School | Albert Shanker Sch-Visual/Perf Arts |
| High School | Academy Of American Studies |
| PRICE HISTORY | |
| Prior to May 7, '25 | $1,499,999 |
|---|---|
| May 7, '25 - Today | $1,400,000 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Storage Space |
| CONSTRUCTION | Brick |
| HEAT | Oil |
| LOT | 3001 sq ft |
| SEWER | Public Sewer |
| TAXES | 20972.24 |
| UTILITIES | Natural Gas Available, Electricity Connected, Natural Gas Connected |
| WATER | Public |
MORTGAGE CALCULATOR
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