2549 37th St, Astoria, NY 11103

Rarely does a property like this come to market. This completely detached brick two family townhouse in the heart of Astoria offers approximately 2,400 square feet of living space plus a finished basement, combining timeless architectural charm, exceptional flexibility, and tremendous long term upside. The home's iconic rounded brick facade creates unforgettable curb appeal, while windows on all four sides and high ceilings in both units fill the interiors with an abundance of natural light and an airy, open feel rarely found in New York City townhouses. The first floor apartment features three spacious bedrooms and offers the perfect opportunity to create a spectacular owner's duplex by seamlessly connecting it with the finished basement, which includes a full bathroom. This flexible lower level is ideal for additional living space, a recreation room, home office, gym, guest suite, or media room. The upper residence offers four spacious bedrooms, one full bathroom, and plumbing already in place to easily add a second full bath. Renovated four bedroom apartments of this size in Astoria can command approximately $6,000 per month in rental income , providing an excellent opportunity to significantly offset your monthly mortgage while enjoying a spacious owner's home below. For buyers seeking a forever home, the property also presents an incredible opportunity to convert it into an oversized single family townhouse with expansive living space rarely available in Astoria. Located in an R6B zoning district, the property offers approximately 2,600 square feet of remaining buildable floor area (buyer to verify). Consult with an architect regarding the possibility of expanding the home, including the potential to add another level, subject to zoning and city approvals. Perfectly positioned in the heart of Astoria, you'll enjoy a short walk to either the Astoria Boulevard or 30th Avenue N/W subway stations, providing an approximately 10 minute commute to Midtown Manhattan. The home is also just minutes from the Grand Central Parkway for convenient access by car, and moments from Astoria's vibrant 30th Avenue, where you'll find neighborhood favorite restaurants, cafes, bakeries, specialty shops, and supermarkets. Whether you're looking for a smart income producing property or envision creating one of Astoria's premier single family homes, this is a truly rare offering with endless possibilities.