Investment Opportunity Mixed Use Building at 25 26 30th Avenue, Astoria, NY 11102 Prime mixed use property in the heart of vibrant Astoria !
| Website: | https://www.nestseekers.com/5487977 |
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| Address: | New York, NY 11102 |
| Ownership: | For Sale |
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| Type: | Duplex |
| Bedrooms: | 4 BR |
| Bathrooms: | 2 |
| Lot Size: | 0.0 Acres |
Financials
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
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47-44 Vernon Blvd, Long Island City, NY 11101
Phone: +1 718-707-0200
Fax: +1 718-707-0233
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| Listing Courtesy of NY Space Finders Inc | |