MLS#1058409
STATUSActive
PROPERTY TYPECommercial - Multiple
SCHOOLQueens 30
Property Description
Prime Astoria Mixed-Use Investment & Development Opportunity!Excellent opportunity for developers and investors in a highly desirable Astoria location. This mixed-use property features 2 residential units plus 1 commercial storefront, offering strong existing rental income along with significant future development potential.Situated on a 25 x75 lot with R7X / C2-3 zoning, the property presents an attractive opportunity for potential redevelopment into a larger mixed-use building, subject to zoning, DOB requirements, and approvals.The existing building consists of 3 stories plus a full basement, offering approximately 3,432 sq. ft. of interior space with a building footprint of approximately 22x52. Each residential unit features 3 bedrooms and 1 full bathroom. The property is separately equipped with 3 electric meters and 3 gas meters and benefits from relatively low property taxes.Conveniently located near the N/W subway at Astoria Blvd, with easy access to shopping, restaurants, transportation, and neighborhood amenities.An excellent opportunity for investors, developers, 1031 exchange buyers, or owner-investors seeking strong rental income, attractive cap-rate potential, and long-term redevelopment upside in one of Astoria's prime locations.
Property Features
Property Type: Commercial - Multiple
Basement: Yes
Basement: Full, Partially Finished, Storage Space
Cooling: Wall/Window Unit(s)
Heating: Natural Gas, Steam
Lot Size: 0.04 Acres
Stories: 3.0
Taxes: $9,770
Year Built: 1901
Feature Descriptions
Building Area Total: 3432
Business Type: Professional Service, Professional/Office
Days on Site: 4
Exterior: Block
Flooring: Tile, Vinyl
Heating Zones: 3
On Market Date: 2026-10-04
Parcel Number: 00885-0104
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Local Schools
High School: William Cullen Bryant High School
Middle School: Albert Shanker Sch-Visual/Perf Arts
Elementary School: Ps 17 Henry David Thoreau
School District: Queens 30
Listed By / Shown By
Listing By
Agency Name: EXP Realty
Agency Contact: 888-276-0630
Shown By
Agent Name: Veronica Riccardulli
Agent Phone: (516) 322-0618 Cell
Agency Title: Coldwell Banker Choice Properties
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1833 27th Avenue | MLS# 1058409
This commercial property located at 1833 27th Avenue , Astoria, NY 11102 is currently listed for sale with an asking price of $2,100,000. 27th Avenue is located within the Queens 30 school district. Search Astoria real estate on www.hudsonvalleyhomesny.com today.