New York, NY 11102

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 4 BR
Bathrooms: 2
Lot Size: 0.0 Acres

Financials

Price:$2,500,000
Annual Taxes:$13,630.56
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of NY Space Finders Inc

Investment Opportunity Mixed Use Building at 25 26 30th Avenue, Astoria, NY 11102 Prime mixed use property in the heart of vibrant Astoria !

Description

Investment Opportunity: Mixed-Use Building at 25-26 30th Avenue, Astoria, NY 11102 Prime mixed-use property in the heart of vibrant Astoria! This 2-story building features two fully occupied 2-bedroom, 1-bath residential apartments and a ground-floor commercial laundromat, generating high, stable income with exceptionally low operating expenses. Income Breakdown (Annual) Commercial Laundromat: $85,971/year 2nd Floor Unit (2 Bed / 1 Bath): $33,600/year ($2,800/month) 2nd Rear Unit (2 Bed / 1 Bath): $30,600/year ($2,550/month) Total Gross Annual Income: ̃ $150,171 Expense Advantages Laundromat tenant covers 2/3 of the property taxes Residential tenants pay their own utilities (electric, gas, heat, hot water) Results in minimal operating expenses and excellent net returns Residential Units Both 2-bedroom, 1-bath apartments are currently rented and well-maintained. Tenants enjoy spacious layouts, large kitchens, generous bedrooms, and the major convenience of an on-site laundromat. Commercial Space Fully leased to a long-running laundromat that provides reliable income while significantly offsetting building expenses. Location & Neighborhood Situated on 30th Avenue in the highly desirable Ditmars-Steinway section of Astoria. Steps away from restaurants, cafes, supermarkets, parks, and the N/W subway lines, offering a fast commute to Manhattan. Strong rental demand supports continued high occupancy and future appreciation. This is a true turnkey, income-producing asset with predictable cash flow, built-in expense offsets, and minimal landlord responsibilities. Perfect for investors seeking a hands-off mixed-use property in one of Queens’ strongest neighborhoods. Serious inquiries only. Contact for full financials, rent rolls, expense reports, and private showing. All figures provided for informational/marketing purposes. Buyers are encouraged to perform their own due diligence and verify all information. Featured Commercial Sales.

Amenities

  • Washer/Dryer Hookup

Long Island MLS

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.