Excellent Investment Opportunity in Prime Astoria Location! This property is located in the heart of Astoria and offers a fantastic investment opportunity. The building features a front store plus a legal 4-family setup, all in a solid brick structure (dimensions: 19.33 x 60). The store is around 1700 Sqft & the leased until 2030, with the lease covering 50% of the property taxes. The residential units include two 2-bedroom apartments and two 1-bedroom apartments. Just a 35-minute ride on the N/R train to Midtown Manhattan! Conveniently located near transportation, supermarkets, restaurants, and more. Don't miss out on this prime opportunity!
Sold for $1,600,000
$1,600,000
25-47 Steinway St, Astoria, NY 11103
--beds
--baths
4,019sqft
Quadruplex, Multi Family
Built in 1920
-- sqft lot
$1,647,900 Zestimate®
$398/sqft
$4,069 Estimated rent
Home value
$1,647,900
$1.48M - $1.83M
$4,069/mo
Zestimate® history
Owner options
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$9,903/mo
Est. payment
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$9,903/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Man Wai Chan 917-567-3698,
Jamie Realty Group 718-886-0668,
Xiao Zheng 718-886-0668,
Jamie Realty Group
Bought with:
Man Wai Chan, 10401260466
Jamie Realty Group
Yangxiao Li, 10401358468
Jamie Realty Group
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 814520
Facts & features
Interior
Heating
- Radiant, Other
Cooling
- Wall/Window Unit(s)
Features
- Other
- Basement: Full
Interior area
- Total structure area: 4,019
- Total interior livable area: 4,019 sqft
Property
Details
- Parcel number: 006840127
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & HOA
Location
- Region: Astoria
Financial & listing details
- Price per square foot: $398/sqft
- Tax assessed value: $1,000,000
- Annual tax amount: $43,550
- Date on market: 1/16/2025
- Cumulative days on market: 102 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Sold | $1,600,000-13.5%$398/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #814520 Report a problem | ||
| 4/29/2025 | Contingent | $1,848,888$460/sqft |
Source: StreetEasy #S1762023 Report a problem | ||
| 4/29/2025 | Pending sale | $1,848,888$460/sqft |
Source: OneKey® MLS as distributed by MLS GRID #814520 Report a problem | ||
| 3/27/2025 | Listed for sale | $1,848,888$460/sqft |
Source: StreetEasy #S1762023 Report a problem | ||
| 3/27/2025 | Contingent | $1,848,888$460/sqft |
Source: StreetEasy #S1762023 Report a problem | ||
| 3/8/2025 | Price change | $1,848,888-2.7%$460/sqft |
Source: OneKey® MLS as distributed by MLS GRID #814520 Report a problem | ||
| 1/16/2025 | Price change | $1,900,000-4.8%$473/sqft |
Source: OneKey® MLS as distributed by MLS GRID #814520 Report a problem | ||
| 10/3/2024 | Price change | $1,995,000-2.7%$496/sqft |
Source: StreetEasy #1737996 Report a problem | ||
| 9/1/2024 | Price change | $2,050,000-4.7%$510/sqft |
Source: OneKey® MLS as distributed by MLS GRID #3575672 Report a problem | ||
| 3/31/2024 | Listed for sale | $2,150,000$535/sqft |
Source: OneKey® MLS as distributed by MLS GRID #3541163 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $450,000 +15.9% |
| 2024 | -- | $388,350 -7% |
| 2023 | -- | $417,600 -2% |
| 2022 | -- | $426,150 +15.6% |
| 2021 | -- | $368,550 -8.5% |
| 2020 | $36,102 +8% | $402,750 -0.4% |
| 2019 | $33,428 +6.8% | $404,460 +63% |
| 2018 | $31,297 -0.8% | $248,150 |
| 2017 | $31,562 +1.8% | $248,150 +3.2% |
| 2016 | $31,000 | $240,457 +8% |
| 2015 | $31,000 +61.2% | $222,647 +8% |
| 2014 | $19,231 | $206,155 |
Find assessor info on the county website
Neighborhood: Astoria
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Nearby schools
GreatSchools rating
- 4/10Ps 70Grades: PK-5Distance: 0.4 mi
- 7/10Is 10 Horace GreeleyGrades: 6-8Distance: 0.5 mi
- 3/10William Cullen Bryant High SchoolGrades: 9-12Distance: 0.6 mi
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