THE OFFERING Modern Spaces' Commercial + Investment Division is pleased to offer the following opportunity at 14-18 Astoria Park South in Queens, New York. The subject property is a new construction, three unit multifamily building across from Astoria Park. The site was completed in 2018 and contains approximately 4,873 gross square feet on a 16.58' x 100' lot. THE OPPORTUNITY The Location. 14-18 Astoria Park South offers the opportunity to own a property just across from Astoria Park with unlimited access to outdoor space away from home. The property is also in close proximity to Manhattan with the closest access being a short drive over the RFK Bridge or via ferry. The Layout. The property currently consists of two units plus a lower level with a back patio. The existing layouts can be reconfigured in a few different ways depending on a buyer's preferences. The property will be delivered vacant. The Value. This opportunity offers the flexibility that would appeal to a variety of buyers. An owner/user can occupy all or part of the property and rent the unoccupied units. An investor can buy and rent the units. A developer can convert the building to condominium and sell out the units to separate buyers.
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