30-72 37th Street
Queens, NY 11103
Cross street:30th Avenue

Building

Type:House
Era:Post-war
Floors:3

Property

Ownership: Multi-Family
Rooms: 12
Bedrooms: Studio

Financials

Price:$1,200,000
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of The Corcoran Group

Premier Multifamily Investment Opportunity in the Heart of Astoria Situated in the heart of Astoria, one of New York City's most established and desirable multifamily investment markets, this six family ...

Description

Premier Multifamily Investment Opportunity in the Heart of Astoria

Situated in the heart of Astoria, one of New York City's most established and desirable multifamily investment markets, this six-family property presents a rare opportunity to acquire a well-located income-producing asset in a neighborhood defined by exceptional rental demand, limited inventory, and long-term appreciation.

Positioned on a quiet residential block between 30th Avenue and 31st Avenue, the property benefits from an ideal balance of neighborhood charm and urban convenience. Residents enjoy immediate access to Astoria's renowned restaurant and café scene, boutique shopping, neighborhood parks, and everyday conveniences, while remaining just minutes from multiple subway lines providing a seamless commute to Midtown Manhattan and other major employment centers.

The property consists of six residential apartments across three stories and sits on a 25-foot-wide lot, offering an attractive footprint in one of Queens' most sought-after residential enclaves.

Astoria has consistently demonstrated strong occupancy levels and resilient rental demand, making it one of New York City's premier neighborhoods for multifamily investment. The area's ongoing residential growth, thriving commercial corridors, and continued neighborhood investment support long-term value appreciation while providing investors with stable cash flow and future income growth potential.

Whether acquired as a long-term hold or as part of a value-enhancement strategy, this offering presents an exceptional opportunity to own a trophy multifamily asset in one of Queens' most dynamic and supply-constrained rental markets.

There are 5, 2 bedroom 1 bathroom units.
There is 1, 1 bedroom 1 bathroom unit.
There are 3 garage spaces
Building is in excellent condition

Neighborhood

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RLS Data display by Nest Seekers LLC.

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.