$2,699,000

Estimated payment $15,473/month

Total Views 183
5 Beds
3 Baths
4,250 Sq Ft
$635 Price per Sq Ft

About This Home

Rare 2-Family Home on Oversized Lot in M1 Zone – Grandfathered Residential Use – Astoria, Queens Unique opportunity to own a grandfathered 2-family home situated on a massive 50X85lot in the highly sought-after industrial/residential pocket of Astoria, Queens. Zoned M1, this property offers a rare blend of residential comfort and light commercial flexibility—perfect for contractors, business owners, or savvy investors. The home features a 3-bedroom unit over a 2-bedroom unit, each updated just 7 years ago and in excellent condition. Both units are bright, well-maintained, and offer functional layouts, ideal for living or rental income. The finished lower level includes a dedicated office space, perfect for a home-based business or additional storage needs. One of the standout features is the huge private driveway, with room for up to 8 vehicles—a dream for any contractor or business requiring vehicle or equipment storage. Previously used by a contractor, the property offers the kind of space rarely found in this part of Queens. Located in an M1-zoned district, the property holds grandfathered residential use, allowing continued residential occupancy while offering the flexibility for future commercial or mixed-use development (consult your architect or zoning attorney for specific options). Conveniently located near major roadways, public transportation, and all the amenities that make Astoria a top Queens destination.

Listing Agent

Joaquin Valencia

Nest Seekers LLC License #10401248350 Listed on: 01/29/2016

Nest Seekers LLC

Co-Listing Agent

Stelios Hiotis

Nest Seekers LLC License #10301211513

Co-Listing Agent

Gibraan Ali

Nest Seekers LLC License #10401312456

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,204

Year Built

  • Built in 1910

Lot Details

  • 4,250 Sq Ft Lot
  • Lot Dimensions are 50.00 x 85.00

Home Design

  • Pre War Building

Interior Spaces

  • 4,250 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Long Island City Subdivision

Listing and Financial Details

  • Legal Lot and Block 30 / 353

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,204

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: 36th Avenue/37th Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Long Island City
  • Architectural Style: Prewar, Walk-Up
  • Structure Type: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area: 4250.0
  • Living Area Units: Square Feet
  • Rooms (Total): 11

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: See Remarks

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 4250.0
  • Lot Size Dimensions: 50.00 x 85.00

Building Info

  • New Construction: No
  • Total Stories: 2
  • Year Built: 1910

Tax Info

  • Tax Block: 353
  • Tax Lot: 30
  • Tax Annual: 9204.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,145 $45,878 $9,260 $36,618
2024 $9,145 $45,533 $9,673 $35,860
2023 $8,628 $42,956 $7,797 $35,159
2022 $8,090 $76,260 $15,780 $60,480
2021 $8,046 $73,020 $15,780 $57,240
2020 $8,093 $78,060 $15,780 $62,280
2019 $7,938 $66,840 $15,780 $51,060
2018 $7,297 $35,797 $9,656 $26,141
2017 $6,884 $33,771 $12,387 $21,384
2016 $6,059 $33,771 $12,387 $21,384
2015 $3,725 $34,408 $14,690 $19,718
2014 $3,725 $32,461 $12,935 $19,526
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 For Sale $2,699,000 -- $635 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $1,840,000 --
Deed $850,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $470,000 Purchase Money Mortgage
Previous Owner $720,000 Purchase Money Mortgage
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20041852

Real Estate Board of New York (REBNY)

APN: 00353-0030