$2,100,000
Updated a month ago
Off Market

40-12 25th Ave

Astoria, Queens | Steinway Street & 41st Street

6 Rooms5 Beds5 Baths2,720 Square FeetMulti-Family

$2,100,000
floors / apts2 / 3
Lot Size25'x80'
Built Size20'x68'
ZoneR5
Building TypeHouse
RE Taxes$12,387
Price Per SF
$772

Outdoor space and views

  • Backyard

Property Description for 40-12 25th Ave

VACANT Entire 3-Family Building for Sale – Prime Astoria | Strong Income Potential ?Full walkthrough video roof, backyard, meters, all apartments! Available on request!Welcome to 40-12 25th Avenue, a well-maintained three-family property ideally located in the heart of South Astoria—one of Queens’ most sought-after and rapidly growing neighborhoods.This is a sale of the entire 3-family building — not an individual unit. Delivered as a multi-family asset, it is ideal for investors seeking steady rental income or end-users looking to offset ownership costs.Situated on a 25 ft x 80 ft lot with approximately 2,720 square feet of interior space, this two-story building offers three residential units and strong long-term upside.Built in 1925 and zoned R5, the property sits on a quiet residential block while remaining conveniently close to transportation, shopping, dining, and all that makes Astoria a top-tier rental market.? Property Highlights:?? Three-family layout (C0 classification)?? Approx. 2,720 SF interior on a 2,000 SF lot?? 25 ft x 80 ft lot dimensions?? R5 zoning – long-term upside potential?? Low annual property taxes (~$12,385)?? Close proximity to transportation, parks, and diningThis is a rare opportunity to acquire a multi-family asset in a high-demand rental market with strong appreciation potential.Perfect for investors, 1031 exchange buyers, or end-users seeking additional income.Opportunities like this in Astoria are limited—schedule your private showing today and secure a high-performing asset in one of Queens’ most competitive rental markets.?? Reach out now for full financials and to discuss the potential this property offers.

Listing History for 40-12 25th Ave

Now
09/22/2026
TOM by The Leasing Office
The Leasing Office
08/25/2026
$2,100,000
Initial Price by The Leasing Office
The Leasing Office

Building Details for 40-12 25th Ave

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1925
Floors/Apts2/3
Learn More About the Building

Contact Agent

Contact Agent

The Leasing Office
The Leasing Office

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: 107911TH