The listing facts are current enough for an initial property review.
31-49 33 St
Listing Notes
Prime 7-Unit Multifamily Apartment Building in the Heart of Astoria, Queens Location: Between 31st Avenue & Broadway, Astoria, NY An exceptional opportunity to own a legal 7-unit multifamily building in one of Astoria's most desirable and high-demand neighborhoods. This well-maintained brick property offers strong rental income potential and a true turnkey setup, ideal for both seasoned investors and owner-users. Property Highlights: 7 Legal Apartments: (6) Two-Bedroom / One-Bath Units (1) One-Bedroom / One-Bath Unit Excellent Condition: Meticulously maintained and thoughtfully renovated over the years Brand New Roof: Completed Summer 2025 Prime Commuter Location: Just 2 blocks to the Broadway subway station (N/W lines), providing direct access to Midtown Manhattan and Penn Station in approximately 30 minutes High-Demand Area: Surrounded by popular restaurants, cafs, bakeries, laundromats, and everyday conveniences Turnkey Investment: Strong income potential with low maintenance requirements and consistent tenant demand This property offers the perfect blend of stable cash flow, location-driven appreciation, and long-term upside-making it a standout opportunity in the Astoria multifamily market. Schedule your private showing today-rare opportunities like this don't last. THE INFORMATION CONTAINED HEREIN HAS EITHER BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OBTAINED FROM SOURCES THAT WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY BUT WE DO NOT GUARANTEE THE ACCURACY OF ANY INFORMATION PROVIDED HEREIN. AS AN EXAMPLE, ALL ZONING INFORMATION, BUILDABLE FOOTAGE ESTIMATES AND INDICATED USES MUST BE INDEPENDENTLY VERIFIED
Market Insights
$501/sqft vs a nearby median of $577/sqft.
- -13% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,540 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 22.0% below the fair value — likely to draw competing offers if it's still on market.
- Transit access+$51k +2.5%
- Pre-war character+$51k +2.5%
- High-density walkability+$41k +2.0%
- Visible condition issues−$20k −1.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 22 days
- Last price change
- No change recorded
- Listed
- Apr 20, 2026
- Photos
- 17 photos
- Property type
- single family
- Status
- for sale