40-09 23rd Avenue, Astoria, NY 11105
Local realty services provided by:CENTURY 21 AllPoints Realty
Listed by: tahira s. ahmad
Office: shabbir realty inc
MLS#:967198
Source:OneKey MLS
Price summary
- Price:$1,199,000
- Price per sq. ft.:$783.66
About this home
Investor Opportunity – Legal Two-Family | 1031 Exchange Eligible | Prime Astoria
Rare opportunity to acquire a legal two-family property in one of Queens’ strongest and most in-demand rental markets, just two subway stops from Manhattan. Walking distance to Steinway and Ditmars dining, shopping, nightlife, and major transit.
The property features two fully updated two-bedroom apartments, each offering modern, high-end finishes, sun-filled living areas, gourmet kitchens with quartz countertops and premium appliances, and generously sized bedrooms with ample closet space.
First-floor unit with front and rear patios
Second-floor unit with front balcony and private rear terrace
A finished basement with a half bathroom adds valuable supplemental living space and flexibility.
Both units are currently utilized for long-term Airbnb stays, providing strong income in a high-demand location. Showings will be scheduled only after an offer is accepted to accommodate ongoing occupancy.
Property may be purchased as part of a 1031 exchange.
Sold AS-IS.
Certificate of Occupancy has been applied for and will be provided at closing.
Property condition: Good
Ideal for investors seeking a turnkey, income-producing multifamily asset with long-term appreciation potential in a prime Astoria location. A rare opportunity in a hot market.
Contact an agent
Home facts
- Year built:1880
- Listing ID #:967198
- Added:1 day(s) ago
- Updated:March 05, 2026 at 12:45 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Hardwood
- Dining Description:Eat-In Kitchen
- Kitchen Description:Eat-in Kitchen, Kitchen Island
- Bedroom Description:First Floor Bedroom
- Basement:Yes
- Basement Description:Finished
- Living area:1,530 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric
Structure and exterior
- Year built:1880
- Building area:1,530 sq. ft.
- Lot area:0.35 Acres
- Lot Features:Near Public Transit
- Construction Materials:Frame, Vinyl Siding
- Exterior Features:Balcony
Schools
- High school:Academy Of American Studies
- Middle school:Is 141 Steinway (The)
- Elementary school:Ps 84 Steinway
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,199,000
- Price per sq. ft.:$783.66
- Tax amount:$6,873 (2023)
Features and amenities
- Laundry features:Washer/Dryer Hookup
- Amenities:Entrance Foyer, High Speed Internet, Open Floorplan, Walk-In Closet(s)
New listings near 40-09 23rd Avenue
- New
$1,699,999Active4 beds 2 baths2,548 sq. ft.20-71 41st Street, Astoria, NY 11105
MLS# 967336Listed by: CARMELA HOMES CORP - New
$1,295,000Active3 beds 2 baths1,640 sq. ft.2323 32nd Street, Astoria, NY 11105
MLS# 965849Listed by: REALTY EXECUTIVES TODAY - Open Thu, 12 to 3pmNew
$725,000Active1 beds 1 baths620 sq. ft.30-55 Vernon Boulevard #2J, Queens, NY 11102
MLS# RLS20074926Listed by: GLOBAL REAL ESTATE VENTURES GROUP LLC - Open Thu, 12 to 3pmNew
$850,000Active1 beds 1 baths687 sq. ft.30-55 Vernon Boulevard #5K, Queens, NY 11102
MLS# RLS20074927Listed by: GLOBAL REAL ESTATE VENTURES GROUP LLC - Open Sun, 12 to 1pmNew
$515,000Active1 beds 1 baths24-51 38th Street #D1, Queens, NY 11103
MLS# RLS20074951Listed by: COMPASS - New
$1,395,000Active2 beds 2 baths1,069 sq. ft.25-23 Newtown Avenue #6B, Queens, NY 11102
MLS# RLS20075037Listed by: CORCORAN GROUP - Open Sat, 1:30 to 2:30pmNew
$875,000Active1 beds 1 baths26-33 28th Street #PH4A, Queens, NY 11102
MLS# RLS20074744Listed by: CORCORAN GROUP - New
$1,579,000Active4 beds 4 baths1,350 sq. ft.21-38 49th Street, Astoria, NY 11105
MLS# 967052Listed by: BLUE BRICK REAL ESTATE - New
$339,000Active3 beds 1 baths725 sq. ft.21-78 35th Street #4B, Astoria, NY 11103
MLS# 967090Listed by: HALVATZIS REALTY INC