21-45 23rd Street is a well-maintained, four-story, 16-unit prewar walk-up ideally situated on the corner of 21st Avenue and 23rd Street in Astoria's highly desirable Ditmars-Steinway neighborhood. The current ownership schedule reflects 100% occupancy, consisting of 16 income-producing residential apartments. Full Offering Memorandum The property offers a compelling value-add opportunity. The asset demonstrates strong in-place cash flow while providing investors with meaningful income growth potential. With its prime location, consistent occupancy, and favorable rent roll, 21-45 23rd Street represents an attractive multifamily investment in one of Astoria's most established and supply-constrained residential neighborhoods.
| MLS # | 1051069 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1928 |
| Days On Site | 57 |
| Listing Provided By | Modern Spaces Love Your Place | Gregory Kyroglou |
| SQ Feet | 12,320 |
|---|---|
| Basement | Y |
| Units | 16 |
| Zoning | R5B |
| Acreage | 0.10 |
| Cooling | Multi Units |
|---|---|
| Heating | Natural Gas |
| Construction Materials | Brick |
|---|
| Parking Features | Shared Driveway |
|---|
| Utilities | Electricity Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 348750 |
| Tax Annual Amount | 41664.36 |
| State | NY |
|---|---|
| County | Queens |
| City | Astoria |
| Zip Code | 11105 |
| Listing VS Median (in 11105) | |
Price: $3,300,000 low | high Med: $1,279,000 sqft: 12,320 low | high Med: 1,376 $ / sqft: $268 low | high Med: $930 On site: 57 low | high Med: 184 | |
| State | NY |
|---|---|
| County | Queens |
| City | Astoria |
| Zip Code | 11105 |
| Listing VS Median (in 11105) | |
Price: $3,300,000 low | high Med: $1,279,000 sqft: 12,320 low | high Med: 1,376 $ / sqft: $268 low | high Med: $930 On site: 57 low | high Med: 184 | |
![]() | $3,800,00021-51 27th StreetAstoria, NY 11105 |