About 31-23 47th Street
The 24-unit multifamily building is located in the heart of Astoria, one of Queens’ most vibrant and rapidly growing neighborhoods. Built in 1953, the three-story, 14,680 SF walk-up sits on a 75' × 100' (7,500 SF) lot and offers a stable, income-producing investment with future upside potential. The building features spacious layouts with hardwood floors, high ceilings, and excellent natural light. Residents benefit from a quiet residential block while remaining just steps from the M and R subway lines, providing direct access to Manhattan and the rest of Queens. Broadway, Newtown Road, and 30th Avenue are within walking distance, offering a wide range of dining, shopping, and neighborhood amenities. This is a rare opportunity to acquire a well-maintained, 24-unit asset in a prime Astoria location with strong rental demand and long-term growth prospects. Featured Commercial Sales
Features of 31-23 47th Street
| MLS® # | 918494 |
|---|---|
| Price | $5,500,000 |
| Bathrooms | 0.00 |
| Square Footage | 14,680 |
| Acres | 0.00 |
| Year Built | 1953 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 31-23 47th Street |
|---|---|
| City | Astoria |
| County | Queens |
| State | NY |
| Zip Code | 11103 |
Additional Information
Listing Details
| Office | NY Space Finders Inc |
|---|---|
| Office Contact | 718-440-8162 |