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31-20 41st Street, Astoria, NY 11103

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For Sale

$1,999,999

7 beds • 5 baths • 4,500 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $444.44
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Available for the first time in nearly 60 years, this detached turn-key home in the heart of Astoria is ideal as both an income-generating investment property or for an end-user who wants additional rental income. The house is a legal two-family currently being used as a 3, with R5 zoning permitting the construction of up to a four-family unit. The home is fully occupied with reliable tenants paying market-rate rents, with the possibility of one or two units being delivered vacant (landlord can provide multi-year history of rent payments; listing agent can provide specific rent roll and net operating expenses). Two indoor garage spots and two driveway spots can suit all of your parking needs or be used for additional income. The first floor apartment features two air conditioning units and 1 bedroom/1 bathroom with additional space for a living room or office. The floors have recently been redone and the unit has been freshly painted. Outside of this apartment, you will find access to a fully finished basement that has a separate entrance through the home's yard. The basement features a wet bar, recreation room and additional storage (as well as a washer/dryer hook-up). The second floor apartment features two wall air conditioning units as well as a split Mitsubishi cooling system in the living room. This unit has three bedrooms, two full bathrooms, a balcony and access to the backyard. It has been well-maintained. The third floor apartment boasts the same layout (three beds, two baths) with 3 wall air conditioning units and a renovated kitchen. This home runs on gas heat and has a recently updated roof as well as new windows throughout. Situated a short distance from Astoria's renowned Steinway Street, you will be able to easily access the R/M subway stop that will take you into Manhattan in 15-20 minutes as well as all of Steinway Street's shopping and dining options. Other nearby attractions include the Broadway Public Library, the Museum of the Moving Image, Kaufman Studios and the Regal UA Kaufman movie theater.
MLS# 927280

Courtesy Of Compass Greater NY LLC

(718) 423-7700

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Heating System
    Baseboard
  • Lot Size
    0.06 Acres
  • Rooms
    Basement

Map and Directions

Directions to 31-20 41st Street, Astoria, NY 11103

Home seller CENTURY 21 Unique Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Unique Realty

(516) 625-9100
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.