UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1036331
Rental Info No
Annual Tax Amount $26,424
Property Sub-Type Mixed Use
Source onekey2
Property Description
Located at 35-02 Ditmars Boulevard, Astoria, NY 11105, this highly visible corner property offers an excellent opportunity for investors seeking strong rental income, diversified tenancy, and long-term appreciation potential.
The three-story mixed-use building sits on a 20 x 100 lot and offers approximately 4,500 square feet of usable space. The property is zoned R5D/C1-3 and features 5 separate electric meters and 2 gas meters. Annual real estate taxes are approximately $26,424.
The property consists of three retail spaces currently generating approximately $20,000, $3,000, and $3,000 per month, along with two spacious three-bedroom residential apartments renting for approximately $3,650 and $3,750 per month. Total annual rental income is approximately $400,000.
Additional features include central air conditioning for the first-floor commercial space, a sidewalk heating system, and a full basement with storage.
Ideally positioned along the busy Ditmars Boulevard commercial corridor, the property benefits from excellent visibility, strong pedestrian and vehicle traffic, and convenient access to neighborhood restaurants, shops, supermarkets, and other amenities. Located near the Astoria-Ditmars Blvd subway station with convenient N/W train service to Manhattan.
A rare Astoria corner mixed-use asset offering multiple income streams, strong commercial exposure, and excellent long-term investment potential.
Location
State NY
County Queens
Rooms
Basement Full
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 85 Judge Charles Vallone
Middle Schools Is 141 Steinway (The)
High Schools Queens 30
School District Queens 30
Others
Special Listing Condition None
The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.