2526 30th Avenue, Astoria, NY 11102

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List Price
$2,500,000
Days on Market
9
MLS#
1012024
Status
PENDING
Property Type
Mixed Use
Year Built
1931
Property Tax
$13,630
School District
Queens 30
High School
Academy Of American Studies
Jr. High
Call Listing Agent
Elementary School
Ps 17 Henry David Thoreau

Property Description

Investment Opportunity: Mixed-Use Building at 25-26 30th Avenue, Astoria, NY 11102 Prime mixed-use property in the heart of vibrant Astoria! This 2-story building features two fully occupied 2-bedroom, 1-bath residential apartments and a ground-floor commercial laundromat, generating high, stable income with exceptionally low operating expenses. Income Breakdown (Annual) Commercial Laundromat: $85,971/year 2nd Floor Unit (2 Bed / 1 Bath): $33,600/year ($2,800/month) 2nd Rear Unit (2 Bed / 1 Bath): $30,600/year ($2,550/month) Total Gross Annual Income: ˜ $150,171 Expense Advantages Laundromat tenant covers 2/3 of the property taxes Residential tenants pay their own utilities (electric, gas, heat, hot water) Results in minimal operating expenses and excellent net returns Residential Units Both 2-bedroom, 1-bath apartments are currently rented and well-maintained. Tenants enjoy spacious layouts, large kitchens, generous bedrooms, and the major convenience of an on-site laundromat. Commercial Space Fully leased to a long-running laundromat that provides reliable income while significantly offsetting building expenses. Location & Neighborhood Situated on 30th Avenue in the highly desirable Ditmars-Steinway section of Astoria. Steps away from restaurants, cafes, supermarkets, parks, and the N/W subway lines, offering a fast commute to Manhattan. Strong rental demand supports continued high occupancy and future appreciation. This is a true turnkey, income-producing asset with predictable cash flow, built-in expense offsets, and minimal landlord responsibilities. Perfect for investors seeking a hands-off mixed-use property in one of Queens’ strongest neighborhoods. Serious inquiries only. Contact for full financials, rent rolls, expense reports, and private showing. All figures provided for informational/marketing purposes. Buyers are encouraged to perform their own due diligence and verify all information. Featured Commercial Sales.

Additional Information

Acres
0.04
Parking
None
Basement
Finished, Full
Heating
Baseboard
Cooling
Wall/Window Unit(s)
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Dillon D. DePinto (dillon@nyspacefinders.com) from Listing Office: NY Space Finders Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.