106-18 Astoria Boulevard

106-18 Astoria Boulevard, New York, NY, 11369

$2,288,000

active

Year Built

2021

Type

Commercial

Monthly Cost

Estimate. Actual payment depends on credit, lender, taxes, and insurance.

$14,888/month estimated

Principal & interest: $12,178
Property tax: $2,586
Home insurance (est.): $125

Down payment %Interest rate %Term (years)

Down payment: $457,600 · Loan amount: $1,830,400

Description

Built in 2021, this legal 6-family new construction building offers a turnkey investment opportunity with all units currently occupied, allowing the next owner to immediately begin collecting rental income. The property features two studio apartments, two 1-bedroom units with private balconies, and two 2-bedroom units with balconies. The building operates as free-market rentals, providing strong income potential and flexibility for investors. Designed with efficiency in mind, the building includes separate boilers, heating systems, electric meters, and gas meters for each unit, helping keep operating costs low, with the owner responsible only for water. Conveniently located near LaGuardia Airport with easy access to the Grand Central Parkway and the 7 Train, as well as multiple bus routes, providing a quick commute to Manhattan and surrounding boroughs. The property is also close to Flushing Meadows–Corona Park and Citi Field, along with numerous restaurants, shopping options, and everyday conveniences. This property can be purchased individually or as part of a portfolio with the adjacent buildings at 31-04 107th Street and 106-18 Astoria Boulevard, presenting a rare opportunity to acquire three attached income-producing buildings.

Property Details

Cooling: Wall/Window Unit(s)
Heating: Baseboard, Natural Gas
Basement: Full

Schools

Elementary

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Listed by Hillary Y. Li CBR, Daniel Gale Sothebys Intl Rlty

MLS# KEY968124718-762-2268

Listings courtesy of OneKey® MLS as distributed by MLS GRID

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