106-18 Astoria BLVD, East Elmhurst, NY 11369
106-18 Astoria BLVD, East Elmhurst, NY 11369
106-18 Astoria BLVD, East Elmhurst, NY 11369
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Randy Reis

Randy Reis

+1(917) 435-4870
$2,288,000
Est. payment /mo
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Key Details

Property Type Other Types

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 968124

Rental Info No

Year Built 2021

Annual Tax Amount $31,028

Property Sub-Type Multi Family

Source onekey2

Property Description

Built in 2021, this legal 6-family new construction building offers a turnkey investment opportunity with all units currently occupied, allowing the next owner to immediately begin collecting rental income. The property features two studio apartments, two 1-bedroom units with private balconies, and two 2-bedroom units with balconies. The building operates as free-market rentals, providing strong income potential and flexibility for investors. Designed with efficiency in mind, the building includes separate boilers, heating systems, electric meters, and gas meters for each unit, helping keep operating costs low, with the owner responsible only for water. Conveniently located near LaGuardia Airport with easy access to the Grand Central Parkway and the 7 Train, as well as multiple bus routes, providing a quick commute to Manhattan and surrounding boroughs. The property is also close to Flushing Meadows–Corona Park and Citi Field, along with numerous restaurants, shopping options, and everyday conveniences. This property can be purchased individually or as part of a portfolio with the adjacent buildings at 31-04 107th Street and 106-18 Astoria Boulevard, presenting a rare opportunity to acquire three attached income-producing buildings.

Location

State NY

County Queens

Rooms

Basement Full

Interior

Heating Baseboard, Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features None

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Helen M Marshall School (Grades Kg-5)

High Schools Queens 25

School District Queens 25

Others

Special Listing Condition None

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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Daniel Gale Sothebys Intl Rlty • Hillary Y. Li CBR

NEARBY SCHOOL & BUSINESS

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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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