43-06 34 Avenue, New York, NY, 11101
$2,700,000
$2,800,000
activeBedrooms
7
Bathrooms
3
Lot Size
2,100 sqft
Year Built
1928
Type
Multi Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
This well-positioned asset is a rare find that offers investors an opportunity to acquire a free-market, income-producing property in one of Queens’ most desirable and rapidly growing neighborhoods. The building features a strong tenant mix and consistent cash flow, making it an ideal long-term hold for investors seeking stability and appreciation. The ground floor retail space is occupied by a popular and well-established restaurant with two years remaining on its lease, providing reliable commercial income. Above the retail space are three residential units, consisting of one three-bedroom apartment, one two-bedroom apartment, and one one-bedroom apartment, all currently occupied and all are month to month. The property has been meticulously maintained and thoughtfully upgraded, with high ceilings and offering a true turn-key investment with minimal to no immediate capital requirements. Strategically located in prime Astoria, the property sits just one block from Northern Boulevard and is only a five-minute walk to the R/M subway station, providing excellent access to Manhattan and surrounding neighborhoods. The area is surrounded by vibrant retail corridors, renowned restaurants, and continued residential growth, making Astoria one of Queens’ most sought-after investment markets. 43-06 34th Avenue represents an exceptional opportunity to acquire a free-market mixed-use asset with immediate cash flow and significant long-term upside in a premier Queens location.
Listed by Vincent J. Alessi SFR SRES, Charles Rutenberg Realty Inc
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Aug 12, 2026, 3:05 PM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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