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Corner Mixed-Use Building with Commercial Storefront, Brick Two-Car Garage & Two Residential Units A fantastic opportunity to own a semidetached mixed-use corner building in the heart of Astoria! Situated on a high-visibility corner , this versatile two-story property features a vacant commercial storefront with basement, two residential units, and a brick two-car garage with soaring 13’ ceilings — ideal for investors, end-users, or live/work arrangements. Commercial Storefront with Basement The ground floor offers a high-exposure commercial space, ideal for office, retail, or service-based businesses. A full basement adds valuable storage or workspace potential. Also on this level is an extra-large brick two car garage with 13-foot ceilings and a new electric metal garage door, providing rare and secure private parking. Second Floor – Vacant Flex 2- Bedroom Unit This bright and spacious apartment features 9-foot ceilings and oversized windows drawing in natural light from three exposures. Configured as a large one-bedroom with a flexible second bedroom layout, the unit includes an open kitchen with center island, sunlit living room, full bath, and access to a finished private terrace — perfect for entertaining. Additional features include in-unit laundry and baseboard heating. Unit may benefit from some minor updates, offering a great opportunity to customize to your taste. Third Floor – Vacant 3-Bedroom Layout (Currently Configured as 4 Bedrooms) Currently used as a 4-bedroom, this unit can easily be reimagined as a spacious 3-bedroom apartment. It features high ceilings, a full bathroom, a large landing area, and excellent natural light throughout. With a bit of TLC, this unit holds great potential for transformation into a beautiful upper-level residence or rental. Additional Highlights: • Gas boiler heating system • 9 ft ceilings in both residential units • Corner lot with excellent visibility and natural light • Flexible layout and usage options • Located near public transit, highways, shopping, and more Whether you’re looking to invest, occupy, or redevelop, 23-39 Astoria Blvd presents an exceptional value and opportunity in one of Queens’ most vibrant neighborhoods.
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$1,795,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,436,000 | $1,436,000 | $1,436,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $855 | $855 | $855 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,599 | $8,380 | $11,733 |
| Total Monthly Payment | $8,579 | $9,360 | $12,713 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.