8 Unit Building For Sale 31-28 38th St 7 Unit Apartment Building $3,825,000 ($546,429/Unit) 7.84% Cap Rate Long Island City, NY 11103

Seven-Unit Apartment Building with Community Facility – Ideal for Rental or Condo Conversion Presenting a partially finished seven-unit apartment building with an additional community facility, offering the perfect opportunity for investors. Located in the heart of Astoria, this boutique residence is surrounded by a vibrant mix of restaurants, cafés, shops, and entertainment, providing an unbeatable urban lifestyle. The building features condo-grade finishes, a premium window package, and stunning herringbone wood floors throughout, creating an unparalleled living experience. Each spacious residence includes a private balcony, seamlessly blending indoor and outdoor living. The crown jewel of the building, the penthouse duplex, showcases double-height windows and 22-foot ceilings, flooding the space with natural light. Meanwhile, the first-floor duplex offers two full bathrooms and an expansive 1,000-square-foot private backyard, a rare find in urban living. Whether positioned as high-end rentals or luxury condominiums, this exceptional property offers a combination of elegance, comfort, and investment potential in one of Queens’ most sought-after neighborhoods. Featured Commercial Sales