2538 Astoria Boulevard

10-02-2019
10-29-2021

2538 Astoria Boulevard, Queens, NY 11102

Property Description

Marcus & Millichap is pleased to offer 25-38 Astoria Boulevard, located between Crescent Street and 27th Street in the Astoria section of Queens, New York.The subject property, 25-38 Astoria Boulevard, is a four-story mixed-use building that consists of five retail units and twenty-two residential units. The breakdown of apartments is 8 one-bedroom, 8 two-bedroom and 6 three bedroom apartments. The property is built 50 feet by 87 feet on the first through fourth floors and sits on a 53 foot by 100 foot lot with approximately 5,500 gross square feet. The property is zoned C2-3/R6A allowing for approximately 1,160 gross square feet of available air rights (Block: 573, Lot: 40)This property offers investors the rare opportunity to purchase a mixed-use building in good condition, with upside potential, on busy corridor in the Astoria section of Queens, New York.

Key Property Information

Listing Status
Available
Multifamily type
Mixed-Use
Price
$ 5,400,000
No. of Units
26
Cap Rate
0%
Average Occupancy
0%
Year Built
1907
Building Size
15,350 Sq ft
Lot Size
0 Sq ft
No. of Stories
4
Opportunity Zone
Off
Price per unit
$ 207,692
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40.770713, -73.921757

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