$1,475,000
$1,500,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
2,772 SqFt
SOLD DATE : 06/10/2024
Key Details
Sold Price $1,475,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,772 sqft
Price per Sqft $532
MLS Listing ID KEYL3536100
Sold Date 06/10/24
Bedrooms 4
Full Baths 3
Originating Board onekey2
Rental Info No
Year Built 1945
Annual Tax Amount $9,996
Lot Dimensions 22x150
Property Description
Amazing brick 2 family property in Astoria on oversized 22x150 feet lot which provides an opportunity to develop an additional 1,353 sq/ft. The building size is 22x42, which translates into 924 gross sq/ft per floor. There are 3 levels, including first and second floors which feature large and renovated 2 Bedroom apartments and a fully finished basement with 3 ways of entry (one from the front, one from the back leading to the large backyard and one from the interior of the property). The house is in excellent condition with all renovated kitchens featuring granite countertops and high end appliances, renovated bathrooms, modern gas heating equipment, recently repaired roof and many other upgrades. The expansive backyard is perfect for outdoor entertainment and makes this property a great investment because of its land value ( R5 zoning with additional air rights for an extension or development purposes). At the end of the backyard there are two full size covered garages, which provide invaluable convenience or additional income. The area rental market is very healthy presenting some of the highest rents in Queens. This property provides a true opportunity to Own for Less Than Renting as a primary residence for a user and also yields a great return and strong historic appreciation rates as a turn key investment. The location is the perfect example of a vibrant neighborhood full of amenities such as the cafes, terraces and restaurants for which Astoria is well known. In the vicinity of Astoria Park and the East River waterfront, this particular block is quiet and peaceful while still being well connected. There are multiple transportation options linking the property to Manhattan as it is less than 1 mile from the N and W trains at Ditmars and 31st St and within close proximity to several Bus Routes. Priced right, this property will sell fast. Low Queens Taxes. Delivered vacant at closing., Additional information: Appearance:Mint,Separate Hotwater Heater:yes
Location
State NY
County Queens
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Interior Features Eat-in Kitchen, Entrance Foyer, First Floor Bedroom, Granite Counters, Master Downstairs, Pantry, Wet Bar
Heating Natural Gas, Steam
Cooling Wall Unit(s)
Flooring Hardwood
Fireplace No
Appliance Dishwasher, Refrigerator, Gas Water Heater
Exterior
Parking Features Detached, Garage, Shared Driveway
Fence Fenced
Utilities Available Trash Collection Public
Amenities Available Fitness Center, Park
Total Parking Spaces 2
Private Pool No
Building
Lot Description Near Public Transit, Near School, Near Shops
Sewer Public Sewer
Water Public
Level or Stories Split Entry (Bi-Level), Three Or More
Structure Type Brick
New Construction No
Schools
Elementary Schools Ps 122 Mamie Fay
Middle Schools Is 141 Steinway (The)
High Schools Long Island City High School
School District Queens 30
Others
Senior Community No
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with HomeSmart Premier Living Rlty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "