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About the Listing SHBR01 - 176747
Investor Opportunity – High-Income Legal Two-Family | Prime Astoria- 1031 Exchange Eligible Turnkey legal two-family property located just two subway stops from Manhattan, in one of NYC’s strongest short-term rental markets. Both units are currently operating as high-performing short-term rentals, generating consistent income in a high-demand location. Income documentation available upon request for qualified buyers. The property features two fully renovated two-bedroom apartments, each designed with modern finishes, sun-filled layouts, and strong rental appeal: First-floor unit with front and rear patios Second-floor unit with front balcony and private rear terrace Additional highlights include: - Gourmet kitchens with Quartz countertops & premium appliances - Spacious living areas with abundant natural light - Finished basement with half bath for added flexibility - Excellent overall condition (recently updated interiors) Located near Steinway and Ditmars dining, shopping, nightlife, and major transit options—making it highly attractive for both short-term and long-term tenants. The property is actively operated as a short-term rental with guests in residence. Showings are coordinated following accepted offers. Serious investors are encouraged to review the virtual tour and request financials prior to submitting. 1031 exchange eligible. A rare opportunity to acquire a cash-flowing asset in a prime Astoria location.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Baseboard,Electric
- Fireplaces: 0
- Floor: Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished
- Other: First Floor Bedroom,First Floor Full Bath,Eat-in Kitchen,Entrance Foyer,High Speed Internet,Kitchen Island,Open Floorplan,Open Kitchen,Quartz/Quartzite Counters,Recessed Lighting,Walk-In Closet(s),Washer/Dryer Hookup
- Water: Public
Exterior Details
- Lot Description: Near Public Transit,Near Shops,No Waterfront
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 22x50
- Roof:
- Others: Balcony,Mailbox,Updated/Remodeled,Renovated
- Sewer: Public Sewer
Financial Details
- Tax Amount: $6,873
- Taxes w/Assessments: N/A
- Tax/Property ID: 00795-0061
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
40-09 23rd Ave Astoria, NY 11105
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