Investor Opportunity – Legal Two-Family | 1031 Exchange Eligible | Prime Astoria

Rare opportunity to acquire a legal two-family property in one of Queens’ strongest and most in-demand rental markets, just two subway stops from Manhattan. Walking distance to Steinway and Ditmars dining, shopping, nightlife, and major transit.

The property features two fully updated two-bedroom apartments, each offering modern, high-end finishes, sun-filled living areas, gourmet kitchens with quartz countertops and premium appliances, and generously sized bedrooms with ample closet space.

First-floor unit with front and rear patios

Second-floor unit with front balcony and private rear terrace

A finished basement with a half bathroom adds valuable supplemental living space and flexibility.

Both units are currently utilized for long-term Airbnb stays, providing strong income in a high-demand location. Showings will be scheduled only after an offer is accepted to accommodate ongoing occupancy.

Property may be purchased as part of a 1031 exchange.
Sold AS-IS.
Certificate of Occupancy has been applied for and will be provided at closing.
Property condition: Good

Ideal for investors seeking a turnkey, income-producing multifamily asset with long-term appreciation potential in a prime Astoria location. A rare opportunity in a hot market.