1833 27Th Ave, Astoria, NY

Name: 1833 27Th Ave, For Sale in Astoria - Zoocasa
Brand: EXP Realty
SKU: 1058958
Price: 2100000 USD

House

For Sale

Listed price in listed location currency (USD).

$2,100,000

630

MLS® 1058958

Overview

Key Facts

Type Triplex

Levels Residential Income

Size -

Garage

Taxes $9,771

Days Active 0

Lot Size 0.043 Acres

Approx. Age 1901

MLS® Number 1058958

Property Address: 1833 27th Ave, Astoria, NY, 11102-3735

Average square foot calculated using Size range provided by listing agent.

Description

Prime Astoria Mixed-Use Investment & Development Opportunity! Excellent opportunity for developers and investors in a highly desirable Astoria location. This mixed-use property features 2 residential units plus 1 commercial storefront, offering strong existing rental income along with significant future development potential. Situated on a 25 x75 lot with R7X / C2-3 zoning, the property presents an attractive opportunity for potential redevelopment into a larger mixed-use building, subject to zoning, DOB requirements, and approvals. The existing building consists of 3 stories plus a full basement, offering approximately 3, 432 sq. ft. of interior space with a building footprint of approximately 22x52. Each residential unit features 3 bedrooms and 1 full bathroom. The property is separately equipped with 3 electric meters and 3 gas meters and benefits from relatively low property taxes. Conveniently located near the N/W subway at Astoria Blvd, with easy access to shopping, restaurants, transportation, and neighborhood amenities. An excellent opportunity for investors, developers, 1031 exchange buyers, or owner-investors seeking strong rental income, attractive cap-rate potential, and long-term redevelopment upside in one of Astoria’s prime locations.

MLS® Number1058958

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1901

BasementFull, Partially Finished, Storage Space

DrivewayOn Street

Garage Spaces

HeatNatural Gas, Steam

A/CWall/Window Unit(s)

Extras

Map

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