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2594 42st 2594 42nd St 23 Unit Apartment Building $5,000,000 ($217,391/Unit) Astoria, NY 11103



Executive Summary
This well-maintained 23-unit multifamily building is located on a quiet residential corner in the heart of Astoria, Queens-one of New York City's most vibrant and diverse neighborhoods. Known for its lively dining scene, convenient transportation, and proximity to Manhattan, Astoria offers an ideal blend of urban accessibility and neighborhood charm.
The property features a classic brick exterior with pre-war architectural details, including decorative masonry, large windows, and fire escape balconies that add character and functionality. The building rises four stories and sits on a prominent corner lot, providing excellent natural light and street presence.
The unit mix is comprised of well-proportioned apartments, many of which feature high ceilings, hardwood flooring, and traditional layouts typical of Astoria's sought-after residential buildings. Residents benefit from a stable, community-oriented environment in a walkable neighborhood lined with tree-lined streets, local shops, and restaurants.
Conveniently located near major subway lines and bus routes, the property provides easy access to Manhattan and the greater NYC area, making it attractive to both long-term tenants and commuters.
The property features a classic brick exterior with pre-war architectural details, including decorative masonry, large windows, and fire escape balconies that add character and functionality. The building rises four stories and sits on a prominent corner lot, providing excellent natural light and street presence.
The unit mix is comprised of well-proportioned apartments, many of which feature high ceilings, hardwood flooring, and traditional layouts typical of Astoria's sought-after residential buildings. Residents benefit from a stable, community-oriented environment in a walkable neighborhood lined with tree-lined streets, local shops, and restaurants.
Conveniently located near major subway lines and bus routes, the property provides easy access to Manhattan and the greater NYC area, making it attractive to both long-term tenants and commuters.
Property Facts
| Price | $5,000,000 | Property Subtype | Apartment |
| Price Per Unit | $217,391 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 15,358 SF |
| No. Units | 23 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1924 |
| Price | $5,000,000 |
| Price Per Unit | $217,391 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 15,358 SF |
| No. Stories | 4 |
| Year Built | 1924 |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 00685-0001 | Improvements Assessment | $431,730 |
| Land Assessment | $110,250 | Total Assessment | $541,980 |
Property Taxes
Parcel Number
00685-0001
Land Assessment
$110,250
Improvements Assessment
$431,730
Total Assessment
$541,980
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