Property
| Ownership: | For Sale |
|---|---|
| Type: | mixed-use |
| Bedrooms: | Studio |
| Pets: | Pets No |
| Lot Size: | 0.05 Acres |
Financials
Listing Courtesy of Oxford Property Group USA
DescriptionTurnkey Mixed-Use Investment Opportunity in Prime Astoria – 4.8% Cap Rate
Now available: a rare opportunity to acquire a well-maintained corner mixed-use property in the heart of Astoria—one of Queens' most sought-after neighborhoods for both renters and small businesses.
Investment Highlights:
4 Residential Units
2 one-bedroom apartments
2 two-bedroom apartments with additional half baths
All units leased with strong rental history
Upside potential in future rent increases
2 Ground-Level Commercial Spaces
Established Coffee Shop and Thriving Beauty Salon
High visibility corner location with excellent foot traffic
Reliable, long-term tenants in place
Full Basement
Valuable bonus space with flexible use for storage or commercial operations
Attractive 4.8% Cap Rate
Strong in-place income with room for value-add improvements
Ideal for 1031 exchange, portfolio diversification, or long-term hold
Located near major transit lines, retail corridors, and residential growth, this property offers immediate cash flow with long-term appreciation potential. Perfect for investors looking to expand into a high-demand, low-vacancy submarket.
Turnkey Mixed-Use Investment Opportunity in Prime Astoria – 4.8% Cap Rate
Now available: a rare opportunity to acquire a well-maintained corner mixed-use property in the heart of Astoria—one of Queens' most sought-after neighborhoods for both renters and small businesses.
Investment Highlights:
4 Residential Units
2 one-bedroom apartments
2 two-bedroom apartments with additional half baths
All units leased with strong rental history
Upside potential in future rent increases
2 Ground-Level Commercial Spaces
Established Coffee Shop and Thriving Beauty Salon
High visibility corner location with excellent foot traffic
Reliable, long-term tenants in place
Full Basement
Valuable bonus space with flexible use for storage or commercial operations
Attractive 4.8% Cap Rate
Strong in-place income with room for value-add improvements
Ideal for 1031 exchange, portfolio diversification, or long-term hold
Located near major transit lines, retail corridors, and residential growth, this property offers immediate cash flow with long-term appreciation potential. Perfect for investors looking to expand into a high-demand, low-vacancy submarket.
Turnkey Mixed Use Investment Opportunity in Prime Astoria 4.
- View of building exterior with a wall mounted air conditioner
- View of building exterior
- 3
- Entryway with dark wood-style floors, high vaulted ceiling, beam ceiling, and baseboards
- Kitchen featuring butcher block counters, tasteful backsplash, dark tile patterned floors, a sink, and recessed lighting
- 6
- Bathroom featuring a baseboard radiator, vanity, tile walls, toilet, and wainscoting
- Hallway featuring wood finished floors, baseboards, and recessed lighting
- Kitchen featuring under cabinet range hood, dark brown cabinets, appliances with stainless steel finishes, a sink, and tasteful backsplash
- Bathroom with toilet, vanity, and combined bath / shower with glass door
- Kitchen featuring stainless steel appliances, reddish brown cabinets, under cabinet range hood, and decorative backsplash
- 12
- Bathroom with tile walls, toilet, vanity, and radiator heating unit
- Full bath with vanity, toilet, and enclosed tub / shower combo
- Office featuring healthy amount of natural light and dark wood finished floors
- Entryway featuring a baseboard radiator, hardwood / wood-style floors, a high ceiling, and baseboards
- Kitchen featuring stainless steel appliances, under cabinet range hood, backsplash, light stone countertops, and dark wood-style flooring
- Exercise room featuring dark wood-style flooring and baseboards
- Unfurnished room with wood-type flooring
- 20
- Half bath with tile walls, toilet, and vanity
- Bedroom featuring a baseboard radiator, wood finished floors, and vaulted ceiling
- Bedroom with wood finished floors, a chandelier, a baseboard heating unit, baseboards, and a towering ceiling
- Bedroom featuring a chandelier, a baseboard radiator, and wood-type flooring
- Dining space with light wood-type flooring
- View of living area
- Bedroom with wood finished floors, a closet, a fireplace, and a baseboard heating unit
- Bedroom featuring a fireplace and wood finished floors
- Bedroom with dark wood-style floors
- View of living area
- View of living area
- Dining area featuring light wood-style flooring and a desk
- Full bath featuring a baseboard radiator, toilet, vanity, and bath / shower combo with glass door
- Kitchen featuring freestanding refrigerator, a sink, white gas range, open shelves, and light countertops
- Map of property location
- Room layout
DescriptionTurnkey Mixed-Use Investment Opportunity in Prime Astoria – 4.8% Cap Rate
Now available: a rare opportunity to acquire a well-maintained corner mixed-use property in the heart of Astoria—one of Queens' most sought-after neighborhoods for both renters and small businesses.
Investment Highlights:
4 Residential Units
2 one-bedroom apartments
2 two-bedroom apartments with additional half baths
All units leased with strong rental history
Upside potential in future rent increases
2 Ground-Level Commercial Spaces
Established Coffee Shop and Thriving Beauty Salon
High visibility corner location with excellent foot traffic
Reliable, long-term tenants in place
Full Basement
Valuable bonus space with flexible use for storage or commercial operations
Attractive 4.8% Cap Rate
Strong in-place income with room for value-add improvements
Ideal for 1031 exchange, portfolio diversification, or long-term hold
Located near major transit lines, retail corridors, and residential growth, this property offers immediate cash flow with long-term appreciation potential. Perfect for investors looking to expand into a high-demand, low-vacancy submarket.
Turnkey Mixed-Use Investment Opportunity in Prime Astoria – 4.8% Cap Rate
Now available: a rare opportunity to acquire a well-maintained corner mixed-use property in the heart of Astoria—one of Queens' most sought-after neighborhoods for both renters and small businesses.
Investment Highlights:
4 Residential Units
2 one-bedroom apartments
2 two-bedroom apartments with additional half baths
All units leased with strong rental history
Upside potential in future rent increases
2 Ground-Level Commercial Spaces
Established Coffee Shop and Thriving Beauty Salon
High visibility corner location with excellent foot traffic
Reliable, long-term tenants in place
Full Basement
Valuable bonus space with flexible use for storage or commercial operations
Attractive 4.8% Cap Rate
Strong in-place income with room for value-add improvements
Ideal for 1031 exchange, portfolio diversification, or long-term hold
Located near major transit lines, retail corridors, and residential growth, this property offers immediate cash flow with long-term appreciation potential. Perfect for investors looking to expand into a high-demand, low-vacancy submarket.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
