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24-47 44th St
Astoria, NY 11103
Multifamily Property For Sale
·
24 Units


Executive Summary
Mixed-Use Investment Opportunity – Fully Occupied | Free Market
24-47 44th Street
Rare opportunity to acquire a fully occupied, free-market mixed-use building in a strong and stable location. This income-producing asset consists of 24 residential units and 4 commercial spaces, offering diversified revenue and long-term upside potential.
The property also features 11 on-site parking spaces, adding additional income and value. All tenants are responsible for their own utilities, helping keep operating expenses low and improving overall efficiency.
Property Highlights:
24 Residential Units (Free Market)
4 Commercial Spaces
Fully Occupied
11 Parking Spaces
Tenants Pay Their Own Utilities
Strong Cash-Flowing Asset
Excellent Long-Term Investment Potential
Financials:
Contact for full income and expense details.
Location
Located at 24-47 44th Street, the property sits in a convenient and well-connected area with easy access to major highways, bridges, and public transportation, making commuting simple for both residents and commercial tenants. The surrounding neighborhood offers a strong residential base, local retail, dining, and essential services, supporting strong demand and consistent occupancy.
24-47 44th Street
Rare opportunity to acquire a fully occupied, free-market mixed-use building in a strong and stable location. This income-producing asset consists of 24 residential units and 4 commercial spaces, offering diversified revenue and long-term upside potential.
The property also features 11 on-site parking spaces, adding additional income and value. All tenants are responsible for their own utilities, helping keep operating expenses low and improving overall efficiency.
Property Highlights:
24 Residential Units (Free Market)
4 Commercial Spaces
Fully Occupied
11 Parking Spaces
Tenants Pay Their Own Utilities
Strong Cash-Flowing Asset
Excellent Long-Term Investment Potential
Financials:
Contact for full income and expense details.
Location
Located at 24-47 44th Street, the property sits in a convenient and well-connected area with easy access to major highways, bridges, and public transportation, making commuting simple for both residents and commercial tenants. The surrounding neighborhood offers a strong residential base, local retail, dining, and essential services, supporting strong demand and consistent occupancy.
Property Facts
| Price Per Unit | $479,167 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.29 AC |
| No. Units | 24 | Building Size | 34,449 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2005 |
| Apartment Style | Mid-Rise | ||
| Zoning | R5 | ||
| Price Per Unit | $479,167 |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 34,449 SF |
| No. Stories | 4 |
| Year Built | 2005 |
| Zoning | R5 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Tile Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | - | - |
Property Taxes
| Parcel Number | 00717-0009 | Improvements Assessment | $1,234,800 |
| Land Assessment | $180,000 | Total Assessment | $1,414,800 |
Property Taxes
Parcel Number
00717-0009
Land Assessment
$180,000
Improvements Assessment
$1,234,800
Total Assessment
$1,414,800
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