Pending

40-09 23rd Avenue

Astoria, NY 11105
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Bed 4

Bed

Bath 3

Bath

Investor Opportunity – High-Income Legal Two-Family | Prime Astoria- 1031 Exchange Eligible Turnkey legal two-family property located just two subway stops from Manhattan, in one of NYC’s strongest short-term rental markets. Both units are currently operating as high-performing short-term rentals, generating consistent income in a high-demand location. Income documentation available upon request for qualified buyers. The property features two fully renovated two-bedroom apartments, each designed with modern finishes, sun-filled layouts, and strong rental appeal: First-floor unit with front and rear patios Second-floor unit with front balcony and private rear terrace Additional highlights include: - Gourmet kitchens with Quartz countertops & premium appliances - Spacious living areas with abundant natural light - Finished basement with half bath for added flexibility - Excellent overall condition (recently updated interiors) Located near Steinway and Ditmars dining, shopping, nightlife, and major transit options—making it highly attractive for both short-term and long-term tenants. The property is actively operated as a short-term rental with guests in residence. Showings are coordinated following accepted offers. Serious investors are encouraged to review the virtual tour and request financials prior to submitting. 1031 exchange eligible. A rare opportunity to acquire a cash-flowing asset in a prime Astoria location.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,199,000

AD Id : 75870788

MLS Id : 967198

Beds : 4

Year Built : 1880

County : Queens

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Basement: Finished
  • Flooring Information

    Hardwood
  • Interior Features

    Eat-in Kitchen, Entrance Foyer, High Speed Internet, Kitchen Island, Open Floorplan, Recessed Lighting, Walk-In Closet(s) Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup Window Features: Double Pane Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Electric Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1880 Building Area Total: 1530 Construction Materials: Frame, Vinyl Siding Patio And Porch Features: Covered, Patio, Porch, Terrace Private Pool: No
  • Exterior Features

    Exterior Features: Balcony

  • Lot Information

    Lot Dimensions: 22x50 Lot Size Square Feet: 15030 Lot Description: Near Public Transit

  • Listing Price Information

    Listing Price: $1199000

  • Tax Information

    Parcel Number: 00795-0061 Tax Lot: 61 Tax Block: 795 Annual Tax: $6872.6

  • Parking Information

    No Garage, None
    Homeowners Association Information
    Association Amenities: Park

  • School Information

    Elementary School: Ps 84 Steinway
    Junior High School: Is 141 Steinway (The)
    Senior High School: Academy Of American Studies
  • Utility Information

    Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
  • Location Information

    Direction: Google Maps WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 07/26/2026 @ 14:37

MLS: 967198 LISTED BY: Tahira Ahmad, Shabbir Realty Inc 516-350-6800 SOURCE: OneKey MLS

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