25-26 30th Ave 3 Unit Apartment Building $2,500,000 ($833,333/Unit) 5.60% Cap Rate Astoria, NY 11102

Investment Opportunity: Mixed-Use Building at 25-26 30th Avenue, Astoria, NY 11102
Prime mixed-use property in the heart of vibrant Astoria! This 2-story building features two fully occupied 2-bedroom, 1-bath residential apartments and a ground-floor commercial laundromat, generating high, stable income with exceptionally low operating expenses.
Income Breakdown (Annual)
• Commercial Laundromat: $85,971/year
• 2nd Floor Unit (2 Bed / 1 Bath): $33,600/year ($2,800/month)
• 2nd Rear Unit (2 Bed / 1 Bath): $30,600/year ($2,550/month)
Total Gross Annual Income: ˜ $150,171
Expense Advantages
• Laundromat tenant covers 2/3 of the property taxes
• Residential tenants pay their own utilities (electric, gas, heat, hot water)
• Results in minimal operating expenses and excellent net returns
Residential Units
Both 2-bedroom, 1-bath apartments are currently rented and well-maintained. Tenants enjoy spacious layouts, large kitchens, generous bedrooms, and the major convenience of an on-site laundromat.
Commercial Space
Fully leased to a long-running laundromat that provides reliable income while significantly offsetting building expenses.
Location & Neighborhood
Situated on 30th Avenue in the highly desirable Ditmars-Steinway section of Astoria. Steps away from restaurants, cafes, supermarkets, parks, and the N/W subway lines, offering a fast commute to Manhattan. Strong rental demand supports continued high occupancy and future appreciation.
This is a true turnkey, income-producing asset with predictable cash flow, built-in expense offsets, and minimal landlord responsibilities. Perfect for investors seeking a hands-off mixed-use property in one of Queens’ strongest neighborhoods.
Serious inquiries only. Contact for full financials, rent rolls, expense reports, and private showing.
All figures provided for informational/marketing purposes. Buyers are encouraged to perform their own due diligence and verify all information.