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2538 35th St

2 Unit Apartment Building $1,400,000 ($700,000/Unit) Astoria, NY 11103

Investment Highlights

  • Large 1,260 floorplates.
  • Delivered vacant.

Executive Summary

Modern Spaces Commercial + Investment Division has been retained on an exclusive basis to market for sale 25-38 35th Street in Astoria. The rectangular lot is approximately 2,500 square feet with a zoning designation of R6B yielding approximately 5,000 buildable square feet for residential development or additions to the existing structure. The lot is currently improved with a two-family building along with two garages. The existing building offers the opportunity for renovation into multiple configurations with additional residential units.
The property is located on a quiet tree-lined residential block just 2 blocks from the N/W Astoria Boulevard subway station and one-half block from the Grand Central Parkway with quick access to the RFK Bridge and Manhattan. Adding to the features of the location is the enhanced safety factor. The NYPD 114th Police Department is located at the corner of 35th Street and Astoria Boulevard, also one-half block away. Delivered vacant, given its size and location, the property poses an excellent opportunity for an investor, Owner/User, or developer looking to invest in one of the fastest growing neighborhoods in NYC.

Property Facts

Price $1,400,000
Price Per Unit $700,000
Sale Type Investment
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.06 AC
Building Size 2,520 SF
Average Occupancy 0%
No. Stories 2
Year Built 1910
Parking Ratio 1.19/1,000 SF

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Heating
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R6B (RESIDENTIAL)
R6B (RESIDENTIAL)
  • Listing ID: 33125811

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: 2538 35th St, Astoria, NY 11103

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