40-09 23rd Avenue, Astoria, NY, 11105
4 beds
3 Full baths
1880
Duplex
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.
Status:
Active
Type:
Single-family residential
Laundry Remarks:
Electric Dryer Hookup, In Basement, Washer Hookup
Units:
2
Heating:
Baseboard, Electric
Cooling:
Wall/Window Unit(s)
Basement:
Finished
Est. Taxes:
$6,873
Assessment
$1,173,500
Construction
Frame, Vinyl Siding
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
Lot Description:
Near Public Transit, Near Shops
Amenities:
Park
Elementary School:
Ps 84 Steinway
Middle School:
Is 141 Steinway (The)
High School:
Academy Of American Studies
School District:
Community District 30
Days on Market:
55
MLS #:
967198
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Shabbir Realty Inc 516-350-6800