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Executive Summary

This well-maintained 23-unit multifamily building is located on a quiet residential corner in the heart of Astoria, Queens-one of New York City's most vibrant and diverse neighborhoods. Known for its lively dining scene, convenient transportation, and proximity to Manhattan, Astoria offers an ideal blend of urban accessibility and neighborhood charm.
The property features a classic brick exterior with pre-war architectural details, including decorative masonry, large windows, and fire escape balconies that add character and functionality. The building rises four stories and sits on a prominent corner lot, providing excellent natural light and street presence.
The unit mix is comprised of well-proportioned apartments, many of which feature high ceilings, hardwood flooring, and traditional layouts typical of Astoria's sought-after residential buildings. Residents benefit from a stable, community-oriented environment in a walkable neighborhood lined with tree-lined streets, local shops, and restaurants.
Conveniently located near major subway lines and bus routes, the property provides easy access to Manhattan and the greater NYC area, making it attractive to both long-term tenants and commuters.

Property Facts

Price $6,797,500 CAD
Price Per Unit $295,543 CAD
Sale Type Investment
Sale Condition Bulk/Portfolio Sale
No. Units 23
Property Type Multifamily
Building Size 5,000 SF
No. Stories 4
Year Built 1924
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
00685-0001
Land Assessment
$149,885 CAD
Improvements Assessment
$586,937 CAD
Total Assessment
$736,822 CAD
  • Listing ID: 40363140

  • Date on Market: 2026-05-01

  • Last Updated:

  • Address: 2594 42nd St, Astoria, NY 11103

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