2526 30th Avenue, Astoria, NY 11102
sale
$2,500,000
|
Other
Courtesy Of NY SPACE FINDERS INC
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-bath residential apartments and a ground-floor commercial laundromat, generating high, 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) 2nd Rear Unit (2 Bed / 1 Bath): $30,600/year ($2,550/month) Total Gross Annual Income: $150,171 Expense Advantages Laundromat tenant covers 2/3 of the property taxes Residential tenants pay their own utilities (electric, gas, heat, hot water) Results in minimal operating expenses and excellent net returns Residential Units Both 2-bedroom, 1-bath apartments are currently rented and well-maintained. Tenants enjoy spacious layouts, large kitchens, generous bedrooms, and the major convenience of an on-site laundromat. Commercial Space Fully leased to a long-running laundromat that provides reliable income while significantly offsetting building expenses. Location & Neighborhood Situated on 30th Avenue in the highly desirable Ditmars-Steinway section of Astoria. Steps away from restaurants, cafes, supermarkets, parks, and the N/W subway lines, offering a fast commute to Manhattan. Strong rental demand supports continued high occupancy and future appreciation. This is a true turnkey, income-producing asset with predictable cash flow, built-in expense offsets, and minimal landlord responsibilities. Perfect for investors seeking a hands-off mixed-use property in one of Queens' strongest neighborhoods. Serious inquiries only. Contact for full financials, rent rolls, expense reports, and private showing. All figures provided for informational/marketing purposes. Buyers are encouraged to perform their own due diligence and verify all information. Featured Commercial Sales.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Building Units: 2
- Cooling System: Window Unit(s)
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Brick
- Heating System: Baseboard
- MLSID: 1012024
- Rooms: Basement
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