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4316 25th Ave 6 Unit Apartment Building $1,949,000 ($324,833/Unit) Astoria, NY 11103
Investment Highlights
- Over 6.5% CAP Rate
- 3 Free Market Units
- 4 Units Gut Renovated
Executive Summary
Astoria Investment with Desirable Cap Rate & Strong Upside
Exceptional opportunity to acquire a well-maintained brick 6-family building in one of Queens’ most sought-after neighborhoods. Three of the apartments are free-market, providing flexibility and income growth potential. Four of the six units have been gut-renovated in recent years, offering modern finishes that attract quality tenants and support strong rental demand.
Recent upgrades—including a new gas boiler, new water heater, and a 2021 roof repair—ensure minimal near-term maintenance. Private outdoor spaces, including a rear yard and roof decks, present additional income potential through outdoor space leasing.
Located steps from top dining, shopping, and transportation, this property delivers stable income, a desirable cap rate, long-term appreciation potential, and multiple value-add opportunities for savvy investors.
Exceptional opportunity to acquire a well-maintained brick 6-family building in one of Queens’ most sought-after neighborhoods. Three of the apartments are free-market, providing flexibility and income growth potential. Four of the six units have been gut-renovated in recent years, offering modern finishes that attract quality tenants and support strong rental demand.
Recent upgrades—including a new gas boiler, new water heater, and a 2021 roof repair—ensure minimal near-term maintenance. Private outdoor spaces, including a rear yard and roof decks, present additional income potential through outdoor space leasing.
Located steps from top dining, shopping, and transportation, this property delivers stable income, a desirable cap rate, long-term appreciation potential, and multiple value-add opportunities for savvy investors.
Property Facts Under Contract
| Price | $1,949,000 | Apartment Style | Low-Rise |
| Price Per Unit | $324,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| No. Units | 6 | Building Size | 4,950 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1929 |
| Zoning | R5 - R5 - Medium density district with a height limit of 40 feet | ||
| Price | $1,949,000 |
| Price Per Unit | $324,833 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 4,950 SF |
| No. Stories | 3 |
| Year Built | 1929 |
| Zoning | R5 - R5 - Medium density district with a height limit of 40 feet |
Amenities
Unit Amenities
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
- Basement
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 00702-0046 | Improvements Assessment | $137,647 |
| Land Assessment | $2,373 | Total Assessment | $140,020 |
Property Taxes
Parcel Number
00702-0046
Land Assessment
$2,373
Improvements Assessment
$137,647
Total Assessment
$140,020
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4316 25th Ave
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