35-21 Crescent St, Astoria, NY 11106

A Rare Free-Market Investment Opportunity in Astoria Opportunities like this are becoming increasingly difficult to find. The Noelle is a luxury boutique multifamily building comprised entirely of 100% free-market residences, giving investors the flexibility to capture future rental growth without the restrictions associated with regulated units. As rental demand continues to strengthen throughout Astoria, the ability to own a fully free-market asset represents one of the most compelling long-term investment opportunities in Queens. The building features one two-bedroom residence and five spacious three-bedroom residences, each thoughtfully designed with luxury finishes, including: Stainless steel appliances Wide-plank oak flooring Expansive open-concept living and dining areas Oversized windows with abundant natural light Generous closet space throughout Beyond the quality of construction, the true value lies in the income potential. With no rent-stabilized units, ownership benefits from the ability to maximize future rents as market conditions evolve—creating significant long-term upside and stronger appreciation potential. Whether you're completing a 1031 exchange, expanding your multifamily portfolio, or seeking a high-quality asset in one of New York City's most resilient rental markets, The Noelle offers a rare combination of luxury, location, and unrestricted income growth. Highlights 100% Free-Market Apartments Significant Future Rental Growth Potential Luxury Boutique Construction Large Two & Three Bedroom Residences Prime Astoria Location Strong Demand from High-Income Renters Exceptional Long-Term Investment Opportunity For financial information, pricing, or to schedule a private tour, contact Gregory Kyroglou.