Multi-Family $ 1,745,000

21-51 48th St

Astoria, NY 11105

  • 5 Beds
  • 3.5 Baths
    Full Baths: 3 Half Baths: 1
  • 2,212 SqFt
  • 4,000 Lot Size
  • - Year Built
Exceptional opportunity to own a three-family property on a spacious 40×100 lot featuring two separate buildings. The front building is a two-family home, each unit offering two large bedrooms, a living room, an eat-in kitchen with ample cabinetry, and full bathrooms (the second-floor unit also includes an additional half bath). It also features a large, fully finished basement.

Exceptional opportunity to own a three-family property on a spacious 40×100 lot featuring two separate buildings. The front building is a two-family home, each unit offering two large bedrooms, a living room, an eat-in kitchen with ample cabinetry, and full bathrooms (the second-floor unit also includes an additional half bath). It also features a large, fully finished basement.

The rear building is a one-family home with one bedroom plus a basement, ideal for additional income or owner use.

The property currently generates approximately $9,500 in monthly rental income, with strong upside . One unit — and possibly two — can be delivered vacant, or the property can be sold fully occupied, providing flexibility for both end-users and investors.

Located in a highly desirable neighborhood and benefiting from unusually low property taxes for a three-family, this is a rare value-add opportunity.
Listed by Ben Unver of Realty Quest New York Inc

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 212 sqft

    Price per Sqft $788

    Bedrooms 5

    Full Baths 3

    Half Baths 1

    Lot Size 4,000 Sqft

  • Location

    State NY

    County Queens

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