Sold for $1,550,000

$1,550,000

3287 38th St, Astoria, NY 11103

5beds

2,576sqft

Multi Family

Built in 1920

-- sqft lot

$1,570,100 Zestimate^®

$602/sqft

$3,070 Estimated rent

Home value

$1,570,100

$1.43M - $1.73M

$3,070/mo

Zestimate^® history

Owner options

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$3,070/mo

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$3,070/mo

Rent Zestimate^®

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$9,552/mo

Est. payment

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$9,552/mo

Est. payment

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What's special

Investor-friendly 3-family brick home in prime Astoria / Long Island City border, situated on a 25' x 100' lot and featuring 5 total bedrooms across 3 rental units, with one unit currently vacant and potential for full vacancy. Ideal for investors or owner-occupants seeking strong rental income and flexibility. Includes hardwood and tile flooring, gas heat with radiator system, partially finished basement, and a fenced backyard with patio. Zoned R5 with an FAR of 1.05 (max 1.25), offering potential for minor expansion. Located near Northern Boulevard, Steinway Street, M and R subway lines, and the Kaufman Arts District, this property offers solid long-term upside in a high-demand area.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas, Steam/Radiator

Cooling

Wall Unit(s), Window Unit(s)

Appliances

Included: Microwave, Refrigerator, Stove, Gas Water Heater

Features

Flooring: Hardwood, Parquet, Tile
Basement: Finished,Full,Partially Finished,Other

Interior area

Total structure area: 2,576
Total interior livable area: 2,576 sqft

Property

Parking

Parking features: Street, None
Has uncovered spaces: Yes

Features

Stories: 3
Fencing: Full

Lot

Size: 2,499 Square Feet
Dimensions: 25x100
Features: Back Yard, Front Yard

Details

Foundation area: 1288
Parcel number: 006560103
Zoning: R5
Special conditions: Arm's Length

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Brick
Foundation: Concrete Perimeter
Roof: Flat,Pitched

Condition

Year built: 1920

Utilities & green energy

Electric: 110 V, 220 Volts

Community & HOA

Community

Subdivision: Queens

Location

Region: Astoria

Financial & listing details

Price per square foot: $602/sqft
Tax assessed value: $1,830,000
Annual tax amount: $10,042
Date on market: 7/16/2025
Cumulative days on market: 72 days
Total actual rent: 81800

Price history

Date	Event	Price
12/15/2025	Sold	$1,550,000-8.2%$602/sqft
Source: BNYMLS #494245 Report a problem
9/26/2025	Contingent	$1,688,000$655/sqft
Source: StreetEasy #S1781669 Report a problem
9/26/2025	Pending sale	$1,688,000$655/sqft
Source: BNYMLS #494245 Report a problem
9/2/2025	Price change	$1,688,000-5.6%$655/sqft
Source: BNYMLS #494245 Report a problem
7/16/2025	Listed for sale	$1,788,000$694/sqft
Source: BNYMLS #494245 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$109,800 +4.5%
2024	--	$105,120 -15.6%
2023	--	$124,560 +14.3%
2022	--	$109,020 +20.7%
2021	--	$90,360 -9%
2020	$9,425 +6.1%	$99,300 -4.7%
2019	$8,880 +3%	$104,220 +152.9%
2018	$8,620 +8.3%	$41,205 +5.5%
2017	$7,961 +8.4%	$39,055 +2%
2016	$7,342	$38,277 +0%
2015	$7,342 +73.8%	$38,269 +5.9%
2014	$4,224	$36,127 +5.2%
2013	--	$34,338 +5.5%
2012	--	$32,546 +2%
2011	--	$31,898 +0%
2010	--	$31,891 +5.9%
2009	--	$30,106 +5.2%
2008	--	$28,615