Assignments

Prime Commercial and Residential Opportunity

33-29 Astoria Blvd N, Astoria, NY 11103

33-29 Astoria Blvd N, Astoria, NY 11103

under contract

Asking
Sale Price
$
2495000

Property Details

Status
For Sale
Property Type
Multifamily + Retail
Price Summary
$
2495000
Sale Price
$
Buildable SF
3545
Building SF
3545
LOT SF
3545
Cap RATE
%
Zoning
R5B

Highlights

  • Mixed-use building with (2) free-market apartments and ground floor retail delivered vacant.
  • Both apartments are occupied, generating stable in-place cash-flow.
  • Vacant 2,100 Sq. Ft. of Retail designed for an Investor or User.
  • 106’ of Frontage along Astoria Blvd N, a Major Corridor supporting long-term retail demand and tenant visibility.
  • Balanced Income Profile with approximately 40% of income being derived from the Residential apartments.

Property DEscription

Landair Property Advisors (“LPA”) has been hired as the exclusive agent for 33-29 Astoria Blvd N, Astoria, NY 11103.

33-29 Astoria Boulevard North is a mixed-use investment property located in the heart of Astoria, Queens. The building consists of two free-market residential apartments above approximately2,100 square feet of ground-floor retail space. The residential units are well-sized two-bedroom layouts, both currently occupied, while the retail component is delivered vacant, providing an incoming owner with immediate upside through lease-up at market rents.

Situated along Astoria Boulevard North, the property benefits from strong visibility, convenient access to public transportation, and proximity to major thoroughfares connecting Astoria to Manhattan and the greater Queens market. The combination of stabilized residential income and value-add retail potential makes this an attractive opportunity for investors seeking both cash flow and long-term upside in a supply-constrained neighborhood.

Map

Dean Abouelhassan
Senior Associate
(516) 532-5385
DA@landairnyc.com
Alexandre Goulet
Partner
(646) 559-4700
ag@landairnyc.com
Anand Melwani
Partner
(646) 559-4700
AM@landairnyc.com

Documents

Offering Memorandum
Data Room

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