Astoria Investment with Desirable Cap Rate & Strong Upside Exceptional opportunity to acquire a well-maintained brick 6-family building in one of Queens’ most sought-after neighborhoods. Three of the apartments are free-market, providing flexibility and income growth potential. Four of the six units have been gut-renovated in recent years, offering modern finishes that attract quality tenants and support strong rental demand. Recent upgrades—including a new gas boiler, new water heater, and a 2021 roof repair—ensure minimal near-term maintenance. Private outdoor spaces, including a rear yard and roof decks, present additional income potential through outdoor space leasing. Located steps from top dining, shopping, and transportation, this property delivers stable income, a desirable cap rate, long-term appreciation potential, and multiple value-add opportunities for savvy investors.
