Description
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 Astoriaone 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.
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0BEDS
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0.05ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
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 Astoriaone 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.
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