4 Beds
2 Baths
1,799 Sqft Lot
4 Beds
2 Baths
1,799 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1001397
Style Other
Bedrooms 4
Full Baths 2
Rental Info No
Year Built 1931
Annual Tax Amount $13,630
Lot Size 1,799 Sqft
Acres 0.0413
Property Sub-Type Duplex
Source onekey2
Property Description
Prime mixed-use property in the heart of vibrant Astoria! This 2-story building features two fully occupied 2-bedroom, 1-bath residential apartments and a ground-floor commercial laundromat, generating high, stable income with exceptionally low operating expenses.
Income Breakdown (Annual)
Commercial Laundromat: $85,971/year
2nd Floor Unit (2 Bed / 1 Bath): $33,600/year ($2,800/month)
2nd Rear Unit (2 Bed / 1 Bath): $30,600/year ($2,550/month)
Total Gross Annual Income: ˜ $150,171
Expense Advantages
Laundromat tenant covers 2/3 of the property taxes
Residential tenants pay their own utilities (electric, gas, heat, hot water)
Results in minimal operating expenses and excellent net returns
Residential Units
Both 2-bedroom, 1-bath apartments are currently rented and well-maintained. Tenants enjoy spacious layouts, large kitchens, generous bedrooms, and the major convenience of an on-site laundromat.
Commercial Space
Fully leased to a long-running laundromat that provides reliable income while significantly offsetting building expenses.
Location & Neighborhood
Situated on 30th Avenue in the highly desirable Ditmars-Steinway section of Astoria. Steps away from restaurants, cafes, supermarkets, parks, and the N/W subway lines, offering a fast commute to Manhattan. Strong rental demand supports continued high occupancy and future appreciation.
This is a true turnkey, income-producing asset with predictable cash flow, built-in expense offsets, and minimal landlord responsibilities. Perfect for investors seeking a hands-off mixed-use property in one of Queens' strongest neighborhoods.
Serious inquiries only. Contact for full financials, rent rolls, expense reports, and private showing.
All figures provided for informational/marketing purposes. Buyers are encouraged to perform their own due diligence and verify all information.
Featured Commercial Sales.
Location
State NY
County Queens
Rooms
Basement Finished, Full
Interior
Interior Features Washer/Dryer Hookup
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features None
Utilities Available See Remarks
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 17 Henry David Thoreau
Middle Schools Call Listing Agent
High Schools Queens 30
School District Queens 30
Others
Senior Community No
Special Listing Condition None
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "