$1,550,000
$1,688,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
32-87 38th ST Astoria, NY 11103
5 Beds
4 Baths
2,576 SqFt
Key Details
Sold Price $1,550,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,576 sqft
Price per Sqft $601
MLS Listing ID 494245
Sold Date 12/15/25
Style Other
Bedrooms 5
Full Baths 4
Year Built 1920
Annual Tax Amount $10,042
Property Sub-Type Multi-Family
Property Description
Investor-friendly 3-family brick home in prime Astoria / Long Island City border, situated on a 25' x 100' lot and featuring 5 total bedrooms across 3 rental units, with one unit currently vacant and potential for full vacancy. Ideal for investors or owner-occupants seeking strong rental income and flexibility. Includes hardwood and tile flooring, gas heat with radiator system, partially finished basement, and a fenced backyard with patio. Zoned R5 with an FAR of 1.05 (max 1.25), offering potential for minor expansion. Located near Northern Boulevard, Steinway Street, M and R subway lines, and the Kaufman Arts District, this property offers solid long-term upside in a high-demand area.
Location
State NY
County Queens
Area Astoria
Zoning R5
Rooms
Basement Finished, Full, Semi-Finished, Other
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood, Parquet, Tile
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available Recreational Room
Roof Type Flat,Pitched
Handicap Access Unknown
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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