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… Read More 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. Read Less
Listing Courtesy of Shabbir Realty Inc, 516-350-6800.
Listing Snapshot
Days Online
203
Last Updated
Property Type
Duplex
Beds
4
Full Baths
3
Lot Size
0.35 Acres
Year Built
1880
Property Tax
$6,873
MLS Number
967198
Additional Details
Basement
Finished
Building
Built in 1880, Built in 2023 (effective), Construction Materials: Frame, Vinyl Siding
First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer, High Speed Internet, Kitchen Island, Open Floorplan, Open Kitchen, Quartz/Quartzite Counters, Recessed Lighting, Walk-In Closet(s), Washer/Dryer Hookup
Laundry
Electric Dryer Hookup, In Basement, Washer Hookup
Lot
0.34504 acres, Dimensions: 22x50, Near Public Transit, Near Shops
The data relating to real estate for sale on this website comes courtesy of ONEKEY as distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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