About 43-16 25th Avenue
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.
Features of 43-16 25th Avenue
| MLS® # | 923206 |
|---|---|
| Price | $1,949,000 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 4,950 |
| Acres | 0.06 |
| Year Built | 1929 |
| Type | Residential |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 43-16 25th Avenue |
|---|---|
| City | Astoria |
| County | Queens |
| State | NY |
| Zip Code | 11103 |
Additional Information
Listing Details
| Office | Blue Brick Real Estate |
|---|---|
| Office Contact | 718-614-8349 |