20-42 26th Street
Queens, NY 11105
Cross street:20th Avenue

Building

Type:House
Era:Post-war
Floors:2

Property

Ownership: Multi-Family
Rooms: 8
Bedrooms: Studio

Open Houses

Contact for details !

Financials

Price:$2,888,888
Real estate tax:$9,393
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of CORE Group Marketing, LLC

Two Adjacent Astoria Buildings Package Sale Priced for Immediate Execution at 2, 888, 888 A rare side by side building opportunity in Astoria, offered exclusively as a package and priced ...

Description

Two Adjacent Astoria Buildings | Package Sale | Priced for Immediate Execution at $2,888,888 A rare side-by-side building opportunity in Astoria, offered exclusively as a package and priced for a fast, all-cash or well-qualified closing. 20-42 26th Street and 20-44 26th Street comprise two attached buildings on separate tax lots, delivering scale, flexibility, and multiple value-add strategies rarely available in this submarket. 20-44 26th Street is currently a one-family four-floor mansion with a recently issued Certificate of Occupancy (2023). 20-42 26th Street is currently a one-family residence with approximately 972 square feet of remaining FAR. Both are delivered with no open DOB violations and clean title history, and present an opportunity for reconfiguration or legalization, subject to DOB approvals and the evolving City of Yes framework. The properties are occupied, but delivered vacant, and in "as-is condition", with deferred maintenance reflected in the price. This offering is ideally suited for: -Investors seeking a buy-and-hold or renovation play -Developers looking to unlock unused FAR -End users seeking a live-in compound with an adjacent income property The value proposition is the combined ownership: adjacent lots, control of the footprint, and optionality unavailable when purchased individually. The seller prefers one purchaser to acquire both properties together. Virtual tours are available upon request from the listing agents.

Neighborhood

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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.