$1,600,000

30-67 42nd Street, Astoria, NY 11103

  • 5,712 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $280/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Exceptional 6-Unit Investment Opportunity in Prime Astoria Positioned on a charming, tree-lined block in one of Queens’ most desirable neighborhoods, 30-67 42nd Street presents a rare chance to own a well-maintained, rent-stabilized six-unit multifamily property in the heart of Astoria. Each floor offers two spacious 2-bedroom, 1-bathroom units, for a total of six income-generating residences. With its strong rent-stabilized tenant base and historically low vacancy rates in the area, this building is ideal for long-term investors seeking immediate cash flow and long-term upside. The roof is in excellent condition, a testament to the care and upkeep of this classic pre-war structure. The building also offers a clean and functional layout that provides both efficiency and comfort across all units. Located just minutes from Steinway Street, 30th Avenue, and the N/W subway lines, this property is surrounded by Astoria’s best dining, shopping, and neighborhood offerings—making it a consistent draw for quality tenants. Whether you’re a seasoned investor or entering the multifamily space, 30-67 42nd Street represents stability, location, and opportunity in equal measure.

Listing Status:
Active
Listing Office:
Douglas Elliman Real Estate : 917-524-9967
MLS ID:
849033
  • Basement: See Remarks
  • A/C: Wall/Window Unit(s)
  • Heating: Hot Water

This listing courtesy of Douglas Elliman Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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