30-67 42nd Street

Description

Exceptional 6-Unit Investment Opportunity in Prime Astoria Positioned on a charming, tree-lined block in one of Queens' most desirable neighborhoods, 30-67 42nd Street presents a rare chance to own a well-maintained, rent-stabilized six-unit multifamily property in the heart of Astoria. Each floor offers two spacious 2-bedroom, 1-bathroom units, for a total of six income-generating residences. With its strong rent-stabilized tenant base and historically low vacancy rates in the area, this building is ideal for long-term investors seeking immediate cash flow and long-term upside. The roof is in excellent condition, a testament to the care and upkeep of this classic pre-war structure. The building also offers a clean and functional layout that provides both efficiency and comfort across all units. Located just minutes from Steinway Street, 30th Avenue, and the N/W subway lines, this property is surrounded by Astoria's best dining, shopping, and neighborhood offeringsmaking it a consistent draw for quality tenants. Whether you're a seasoned investor or entering the multifamily space, 30-67 42nd Street represents stability, location, and opportunity in equal measure.