Under contract

40-09 23rd Ave, Queens, NY 11105

Beds
4
Baths
3
Sqft
1,530

View property features, location on map, relevant school information and overview from seller's agent.

Listed byShabbir Realty Inc
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Overview

Investor Opportunity – High-Income Legal Two-Family | Prime Astoria- 1031 Exchange Eligible

Turnkey legal two-family property located just two subway stops from Manhattan, in one of NYC’s strongest short-term rental markets.

Both units are currently operating as high-performing short-term rentals, generating consistent income in a high-demand location. Income documentation available upon request for qualified buyers.

The property features two fully renovated two-bedroom apartments, each designed with modern finishes, sun-filled layouts, and strong rental appeal:

First-floor unit with front and rear patios

Second-floor unit with front balcony and private rear terrace

Additional highlights include:
- Gourmet kitchens with Quartz countertops & premium appliances
- Spacious living areas with abundant natural light
- Finished basement with half bath for added flexibility
- Excellent overall condition (recently updated interiors)

Located near Steinway and Ditmars dining, shopping, nightlife, and major transit options—making it highly attractive for both short-term and long-term tenants.

The property is actively operated as a short-term rental with guests in residence. Showings are coordinated following accepted offers. Serious investors are encouraged to review the virtual tour and request financials prior to submitting.

1031 exchange eligible.

A rare opportunity to acquire a cash-flowing asset in a prime Astoria location.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
4
Number of bathrooms
3
Square feet
1,530
Lot size (acres)
0.35
Year built
1880

Interior features

Basement
Yes, Finished
Laundry
Electric Dryer Hookup, In Basement, Washer Hookup

Utilities

Heating
Baseboard, Electric
Cooling
Wall/window unit(s)
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2023)
$6,872.60

Public schools

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Sourced from: Onekey MLS MLS®#: 967198 Last checked:

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