$2,500,000
Updated 8 months ago
Off Market

30-17 43rd Street

Astoria, Queens | 30th Ave & 31st Ave

5,570 Square FeetIncome Property

$2,500,000
floors / apts3 / 10
Lot Size28'x100'
Built Size28'x68'
ZoneR%
Building TypeLow-Rise
RE Taxes$30,398
Price Per SF
$449

Listing Features

  • Oil Heat

Outdoor space and views

  • City Views
  • Garden Views

Building Amenities

  • Voice Intercom

Property Description for 30-17 43rd Street

PRIME ASTORIA INVESTMENT OPPORTUNITY
10-Unit Rent-Stabilized Multifamily Building

CALLING ALL INVESTORS!
Rare opportunity to acquire a 10-unit income-generating multifamily building in the heart of Astoria, one of NYC’s most desirable and high-demand rental markets. Perfect for investors seeking stable cash flow, long-term growth, and excellent location fundamentals.

PROPERTY DETAILS

Unit Mix:
• 6 One-Bedroom Apartments
• 2 Two-Bedroom Apartments
• 2 Studio Apartments



Building Size: 5,570 SQ FT

Annual Taxes: $30,398

FINANCIALS

Gross Annual Income: $192,000

Operating Expenses: $70,000

Net Operating Income (NOI): $122,000

Cap Rate: 4.68%

LOCATION HIGHLIGHTS

Prime Astoria location – steps from subway stations, restaurants, cafes, shops, and parks

Surrounded by schools and a vibrant community

Excellent access to Manhattan and major transportation routes

INVESTMENT UPSIDE
A well-maintained, fully occupied property with stable tenants and room for rent growth over time. Limited inventory in Astoria makes this an exceptional opportunity to acquire a turnkey asset with strong returns and long-term appreciation potential.

CONTACT US TODAY
For additional information or to schedule a private showing. Don’t miss this high-performing asset in one of NYC’s strongest rental submarkets.

Building Details for 30-17 43rd Street

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1928
Floors/Apts3/10
Learn More About the Building

Transit and Citi Bike

Subway

46 St
0.41 miles

Citi Bike

30 Ave & 41 St
0.11 miles
46 St & 30 Rd
0.14 miles

Contact Agent

Contact Agent

Daniela Petix-Gaudino
Modern Spaces, LLC

Astoria | Queens

Quick Profile

Although Astoria is largely a residential neighborhood, it is filled with unique mom-and-pop shops, trendy boutiques, a plethora of dining options representing cuisines from around the world, and lush green spaces where you can relax, walk along the East River, or just enjoy the Manhattan skyline. 

The atmosphere is laid back and almost small-town. In addition to luxury condos, pre-war buildings, single-family and semi-detached brick buildings, you will find low-rise buildings with apartments available at lower rents than are available in nearby Manhattan. If you enjoy shopping, you will find everything from locally handcrafted apparel and decor items to vintage treasures just waiting to be repurposed.

Astoria has long been known as a hub of Greek culture, with a burgeoning Greek community. You can barely walk a block without an opportunity to eat Greek food or experience some aspect of Greek culture. The Italian community is also quite large and well-represented in Astoria. Lately, there has been an influx of immigrants from all corners of the globe, making Astoria truly multicultural, and giving rise to eateries that offer unique gastronomic treats. 

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. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 99382TH