RealtyLens
for saleRealtyLens property overview
$1,775,000

31-49 33 St

Astoria, NY, 11106
View more Astoria, NY property pages
13Beds
7Baths
3,540Sqft
$501$/sqft

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

Below nearby median-13%

$501/sqft vs a nearby median of $577/sqft.

Nearby median$577/sqft
Nearby properties12
Property size3,540 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

Yardstick fair value$2.17M$1.95M$2.38M · 42% confidence
vs ask $1.77M−$391k (−22.0%)

Asking price is about 22.0% below the fair value — likely to draw competing offers if it's still on market.

$577/sqft median across 5 tight comps × 3,540 sqft= $2.04M
  • Transit access+$51k +2.5%
  • Pre-war character+$51k +2.5%
  • High-density walkability+$41k +2.0%
  • Visible condition issues−$20k −1.0%
Cumulative NYC adjustments+$123k+6.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-13% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

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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

Features & Amenities

BasementTwo Or More StoriesRental PropertyNew RoofDen

Photos

Price History

May 4, 2026Initial record
$1,775,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.