31-20 41st Street

Astoria, NY 11103

Bedrooms
7
Bathrooms
5
Square Ft.
4500
For Sale
1,999,999

A Space to Make Your Own

Available for the first time in nearly 60 years, this detached turn-key home in the heart of Astoria is ideal as both an income-generating investment property or for an end-user who wants additional rental income. The house is a legal two-family currently being used as a 3, with R5 zoning permitting the construction of up to a four-family unit. The home is fully occupied with reliable tenants paying market-rate rents, with the possibility of one or two units being delivered vacant (landlord can provide multi-year history of rent payments; listing agent can provide specific rent roll and net operating expenses). Two indoor garage spots and two driveway spots can suit all of your parking needs or be used for additional income. The first floor apartment features two air conditioning units and 1 bedroom/1 bathroom with additional space for a living room or office. The floors have recently been redone and the unit has been freshly painted. Outside of this apartment, you will find access to a fully finished basement that has a separate entrance through the home's yard. The basement features a wet bar, recreation room and additional storage (as well as a washer/dryer hook-up). The second floor apartment features two wall air conditioning units as well as a split Mitsubishi cooling system in the living room. This unit has three bedrooms, two full bathrooms, a balcony and access to the backyard. It has been well-maintained. The third floor apartment boasts the same layout (three beds, two baths) with 3 wall air conditioning units and a renovated kitchen. This home runs on gas heat and has a recently updated roof as well as new windows throughout. Situated a short distance from Astoria's renowned Steinway Street, you will be able to easily access the R/M subway stop that will take you into Manhattan in 15-20 minutes as well as all of Steinway Street's shopping and dining options. Other nearby attractions include the Broadway Public Library, the Museum of the Moving Image, Kaufman Studios and the Regal UA Kaufman movie theater.
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Property Specs

Bedrooms
7
Bathrooms
5
Square Ft.
4500
Garages
Garage Spaces: 2
Acres
0.06
Property Type
Triplex
Full Baths
5
Year Built
1970
Basement
Description: "Full"
Cooling
Details: "Multi Units", "Wall/Window Unit(s)"
Heating
Heating: "Baseboard", "Hot Water"
Parking
Parking Total: 4
Utilities
Sewer: "Public Sewer", Water Source: "Public", Utilities: "Cable Connected", "Electricity Connected", "Natural Gas Connected", "Sewer Connected", "Trash Collection Public", "Water Available"

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How's the Market in the Area

The area continues to experience strong demand, low inventory, and competitive activity. Whether you're just starting your home search or ready to make an offer, understanding the local market will help you make smart, confident decisions.

Average Sale Price (180 days)
$0
+ $0 from the previous 180 day period.
Recent Sales
In the past 180 days there have been 0 home sales in the area.

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31-20 41st Street, Astoria, NY 11103

John Constantinides
John Constantinides
Licensed Real Estate Salesperson