About 29-15 Astoria Boulevard # 1
Turnkey Mixed-Use Investment Opportunity in Prime Astoria – 4.8% Cap Rate Now available: a rare opportunity to acquire a well-maintained corner mixed-use property in the heart of Astoria—one of Queens' most sought-after neighborhoods for both renters and small businesses. Investment Highlights: 4 Residential Units 2 one-bedroom apartments 2 two-bedroom apartments with additional half baths All units leased with strong rental history Upside potential in future rent increases 2 Ground-Level Commercial Spaces Established Coffee Shop and Thriving Beauty Salon High visibility corner location with excellent foot traffic Reliable, long-term tenants in place Full Basement Valuable bonus space with flexible use for storage or commercial operations Attractive 4.8% Cap Rate Strong in-place income with room for value-add improvements Ideal for 1031 exchange, portfolio diversification, or long-term hold Located near major transit lines, retail corridors, and residential growth, this property offers immediate cash flow with long-term appreciation potential. Perfect for investors looking to expand into a high-demand, low-vacancy submarket.
Features of 29-15 Astoria Boulevard # 1
| MLS® # | 873721 |
|---|---|
| Price | $2,800,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,841 |
| Acres | 0.05 |
| Year Built | 1931 |
| Type | Commercial |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 29-15 Astoria Boulevard # 1 |
|---|---|
| City | Astoria |
| County | Queens |
| State | NY |
| Zip Code | 11102 |
Additional Information
Listing Details
| Office | Oxford Property Group USA |
|---|---|
| Office Contact | 212-300-6412 |