18-31 Ditmars BLVD Pending

Astoria,NY 11105

$ 1425000

11 Beds

6 Baths

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID KEYL3581217

Style Other

Bedrooms 11

Full Baths 6

Originating Board onekey2

Rental Info No

Year Built 1931

Annual Tax Amount $22,853

Lot Dimensions 25.42x100

Property Description

Seize this incredible opportunity to own a pristine 6-family building perfectly positioned directly across from the picturesque Astoria Park, offering serene park views right from your doorstep. Situated on the highly desirable Ditmars Blvd and just half a block from Shore Blvd, this semi-detached, brick building presents an excellent investment prospect or an ideal option for an owner-occupant looking to generate rental income. The building features a total of six spacious apartments, including five generously sized, box-style 2-bedroom, 1-bathroom units, and one fully renovated 1-bedroom, 1-bathroom unit, catering to a variety of tenant preferences. One of the 2-bedroom free market apartments will be delivered vacant, allowing for immediate rental potential or the perfect setup for an owner's personal residence. Meticulously maintained, this property is fully up-to-date on lead paint testing, as well as gas and parapet inspections, ensuring peace of mind and compliance with all safety regulations. Additional updates include: the main sewer line was replaced in 2018, two new 275 gallon oil tanks with supporting pipe system were installed in 2015, and a new hot water heater with burner was installed in 2020 among many other upgrades. Its prime location not only offers stunning views but also provides easy access to the vibrant lifestyle that Astoria is known for, with countless dining, shopping, and entertainment options nearby. Astoria Park features an Olympic sized swimming pool, newly renovated track, tennis courts and playgrounds providing endless opportunities for recreation and relaxation. Don't miss out on this rare opportunity to invest in a building that combines outstanding rental income potential with an unbeatable location.

Location

State NY

County Queens

Rooms

Basement Finished,Full

Interior

Heating Oil,Hot Water

Cooling None

Fireplace No

Exterior

Garage On Street

Private Pool No

Building

Lot Description Near Public Transit,Near School,Near Shops

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Ps 122 Mamie Fay

Middle Schools Is 141 Steinway (The)

High Schools Long Island City High School

School District Queens 30

Others

Senior Community No

Special Listing Condition None

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