- Bedrooms: 4
- Bathrooms: 2
- Price: $2,500,000
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-bathroom residential apartments and a ground-floor commercial laundromat, generating high and 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) Rear 2nd Floor Unit (2 Bed / 1 Bath): $30,600/year ($2,550/month)
Total Annual Gross Income:
~ $150,171 Expense Advantages
The laundromat tenant covers 2/3 of property taxes Residential tenants pay their own utility bills (electricity, gas, heat, hot water) Results in minimal operating expenses and excellent net returns
Residential Units Both 2-bedroom, 1-bathroom apartments are currently rented and well-maintained. Tenants enjoy spacious layouts, large kitchens, generous bedrooms, and the great convenience of an on-site laundromat. Commercial Space Fully leased to a long-standing laundromat providing reliable income while significantly offsetting building expenses. Location & Neighborhood Situated on 30th Avenue in the coveted Ditmars-Steinway section of Astoria.
Steps away from restaurants, cafes, grocery stores, parks, and the N/W subway lines, offering a quick commute to Manhattan. Strong rental demand supports continued high occupancy and future appreciation. This is a true "turnkey" income-generating asset with predictable cash flow, built-in expense offsets, and minimal landlord responsibilities. Perfect for investors seeking a low-maintenance mixed-use property in one of Queens' strongest neighborhoods.
Serious inquiries only. Please contact for full financials, rent rolls, expense reports, and private showing appointments. All numbers provided for informational/marketing purposes. Buyers are encouraged to perform their own due diligence and verify all information.
4 bedrooms in Astoria
- Building for Sale in Astoria - New York - USA Astoria $1,450,000
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