43-06 34 AVE Astoria, NY 11101 Open 6/13 12PM-2PM
UPDATED: 06/01/2026 12:07 AM ON MARKET: 72 days on market
$2,800,000
7 Beds3 Baths
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 974837
Bedrooms 7
Full Baths 3
Rental Info No
Year Built 1928
Annual Tax Amount $35,354
Lot Dimensions 20 x 105
Property Sub-Type Quadruplex
Source onekey2
Property Description
This well-positioned asset is a rare find that offers investors an opportunity to acquire a free-market, income-producing property in one of Queens' most desirable and rapidly growing neighborhoods. The building features a strong tenant mix and consistent cash flow, making it an ideal long-term hold for investors seeking stability and appreciation.
The ground floor retail space is occupied by a popular and well-established restaurant with two years remaining on its lease, providing reliable commercial income.
Above the retail space are three residential units, consisting of one three-bedroom apartment, one two-bedroom apartment, and one one-bedroom apartment, all currently occupied and all are month to month.
The property has been meticulously maintained and thoughtfully upgraded, with high ceilings and offering a true turn-key investment with minimal to no immediate capital requirements.
Strategically located in prime Astoria, the property sits just one block from Northern Boulevard and is only a five-minute walk to the R/M subway station, providing excellent access to Manhattan and surrounding neighborhoods. The area is surrounded by vibrant retail corridors, renowned restaurants, and continued residential growth, making Astoria one of Queens' most sought-after investment markets.
43-06 34th Avenue represents an exceptional opportunity to acquire a free-market mixed-use asset with immediate cash flow and significant long-term upside in a premier Queens location.
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