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3149 33rd St 7 Unit Apartment Building $2,421,526 CAD ($345,932 CAD/Unit) 8.17% Cap Rate Astoria, NY 11106
Investment Highlights
- Heavy foot traffic, heavy traffic, 2 blocks from train
Executive Summary
Prime 7-Unit Multifamily Apartment Building in the Heart of Astoria, Queens
Location: Between 31st Avenue & Broadway, Astoria, NY
An exceptional opportunity to own a legal 7-unit multifamily building in one of Astoria’s most desirable and high-demand neighborhoods. This well-maintained brick property offers strong rental income potential and a true turnkey setup, ideal for both seasoned investors and owner-users.
Property Highlights:
7 Legal Apartments:
(6) Two-Bedroom / One-Bath Units
(1) One-Bedroom / One-Bath Unit
Excellent Condition: Meticulously maintained and thoughtfully renovated over the years
Brand New Roof: Completed Summer 2025
Prime Commuter Location: Just 2 blocks to the Broadway subway station (N/W lines), providing direct access to Midtown Manhattan and Penn Station in approximately 30 minutes
High-Demand Area: Surrounded by popular restaurants, cafés, bakeries, laundromats, and everyday conveniences
Turnkey Investment: Strong income potential with low maintenance requirements and consistent tenant demand
This property offers the perfect blend of stable cash flow, location-driven appreciation, and long-term upside—making it a standout opportunity in the Astoria multifamily market.
Schedule your private showing today—rare opportunities like this don’t last.
Location: Between 31st Avenue & Broadway, Astoria, NY
An exceptional opportunity to own a legal 7-unit multifamily building in one of Astoria’s most desirable and high-demand neighborhoods. This well-maintained brick property offers strong rental income potential and a true turnkey setup, ideal for both seasoned investors and owner-users.
Property Highlights:
7 Legal Apartments:
(6) Two-Bedroom / One-Bath Units
(1) One-Bedroom / One-Bath Unit
Excellent Condition: Meticulously maintained and thoughtfully renovated over the years
Brand New Roof: Completed Summer 2025
Prime Commuter Location: Just 2 blocks to the Broadway subway station (N/W lines), providing direct access to Midtown Manhattan and Penn Station in approximately 30 minutes
High-Demand Area: Surrounded by popular restaurants, cafés, bakeries, laundromats, and everyday conveniences
Turnkey Investment: Strong income potential with low maintenance requirements and consistent tenant demand
This property offers the perfect blend of stable cash flow, location-driven appreciation, and long-term upside—making it a standout opportunity in the Astoria multifamily market.
Schedule your private showing today—rare opportunities like this don’t last.
Property Facts
| Price | $2,421,526 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $345,932 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 8.17% | Building Size | 4,948 SF |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1924 |
| Property Subtype | Apartment | ||
| Zoning | R6B - Residential - R6B | ||
| Price | $2,421,526 CAD |
| Price Per Unit | $345,932 CAD |
| Sale Type | Investment |
| Cap Rate | 8.17% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,948 SF |
| No. Stories | 3 |
| Year Built | 1924 |
| Zoning | R6B - Residential - R6B |
Amenities
Unit Amenities
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 00623-0022 | Improvements Assessment | $198,167 CAD |
| Land Assessment | $2,140 CAD | Total Assessment | $200,307 CAD |
Property Taxes
Parcel Number
00623-0022
Land Assessment
$2,140 CAD
Improvements Assessment
$198,167 CAD
Total Assessment
$200,307 CAD
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3149 33rd St
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