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$ 2,288,000
Est. payment /mo
Active
106-18 Astoria BLVD East Elmhurst, NY 11369
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 968124
Rental Info No
Year Built 2021
Annual Tax Amount $31,028
Property Sub-Type Multi Family
Source onekey2
Property Description
Built in 2021, this legal 6-family new construction building offers a turnkey investment opportunity with all units currently occupied, allowing the next owner to immediately begin collecting rental income. The property features two studio apartments, two 1-bedroom units with private balconies, and two 2-bedroom units with balconies. The building operates as free-market rentals, providing strong income potential and flexibility for investors. Designed with efficiency in mind, the building includes separate boilers, heating systems, electric meters, and gas meters for each unit, helping keep operating costs low, with the owner responsible only for water. Conveniently located near LaGuardia Airport with easy access to the Grand Central Parkway and the 7 Train, as well as multiple bus routes, providing a quick commute to Manhattan and surrounding boroughs. The property is also close to Flushing Meadows–Corona Park and Citi Field, along with numerous restaurants, shopping options, and everyday conveniences. This property can be purchased individually or as part of a portfolio with the adjacent buildings at 31-04 107th Street and 106-18 Astoria Boulevard, presenting a rare opportunity to acquire three attached income-producing buildings.
Location
State NY
County Queens
Rooms
Basement Full
Interior
Heating Baseboard, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features None
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Helen M Marshall School (Grades Kg-5)
High Schools Queens 25
School District Queens 25
Others
Special Listing Condition None
Listed by Daniel Gale Sothebys Intl Rlty • Hillary Y. Li CBR
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