Price Reduced 9.09%


Price History

$5,500,000
9/29/2025

$4,999,999
4/22/2026


31-23 47th Street, Astoria, NY, 11103

31-23 47th Street, Astoria, NY, 11103

1953

The 24-unit multifamily building is located in the heart of Astoria, one of Queens’ most vibrant and rapidly growing neighborhoods. Built in 1953, the three-story, 14,680 SF walk-up sits on a 75' × 100' (7,500 SF) lot and offers a stable, income-producing investment with future upside potential. The building features spacious layouts with hardwood floors, high ceilings, and excellent natural light. Residents benefit from a quiet residential block while remaining just steps from the M and R subway lines, providing direct access to Manhattan and the rest of Queens. Broadway, Newtown Road, and 30th Avenue are within walking distance, offering a wide range of dining, shopping, and neighborhood amenities. This is a rare opportunity to acquire a well-maintained, 24-unit asset in a prime Astoria location with strong rental demand and long-term growth prospects. Featured Commercial Sales


Status:

Active

Type:

Commercial

Units:

24

Heating:

Electric

Cooling:

Wall/Window Unit(s)

Basement:

Unfinished

Levels:

3

Est. Taxes:

$130,453

Construction

Brick

Utilities

Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected

Days on Market:

205

MLS #:

918494


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of NY Space Finders Inc 718-440-8162