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Pending
    • $1,199,000

    40-09 23rd Avenue, Astoria, NY 11105

    4beds
    1,530sqft
    Loading
    Duplex, Multi Family
    Built in 1880
    -- sqft lot
    $-- Zestimate®
    $784/sqft
    $-- HOA

    What's special

    Front balconyModern finishesPrivate rear terraceSun-filled layoutsRecently updated interiorsFront and rear patios
    Investor Opportunity – High-Income Legal Two-Family | Prime Astoria- 1031 Exchange Eligible Turnkey legal two-family property located just two subway stops from Manhattan, in one of NYC’s strongest short-term rental markets. Both units are currently operating as high-performing short-term rentals, generating consistent income in a high-demand location. Income documentation available upon request for qualified buyers. The property features two fully renovated two-bedroom apartments, each designed with modern finishes, sun-filled layouts, and strong rental appeal: First-floor unit with front and rear patios Second-floor unit with front balcony and private rear terrace Additional highlights include: - Gourmet kitchens with Quartz countertops & premium appliances - Spacious living areas with abundant natural light - Finished basement with half bath for added flexibility - Excellent overall condition (recently updated interiors) Located near Steinway and Ditmars dining, shopping, nightlife, and major transit options—making it highly attractive for both short-term and long-term tenants. The property is actively operated as a short-term rental with guests in residence. Showings are coordinated following accepted offers. Serious investors are encouraged to review the virtual tour and request financials prior to submitting. 1031 exchange eligible. A rare opportunity to acquire a cash-flowing asset in a prime Astoria location.
    154 days
    |
    37
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Shabbir Realty Inc 516-350-6800,

    Tahira S. Ahmad 516-728-0140

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 967198MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Baseboard, Electric
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Laundry: Washer/Dryer Hookup, Electric Dryer Hookup, In Basement, Washer Hookup
      Features
      • First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer, High Speed Internet, Kitchen Island, Open Floorplan, Open Kitchen, Quartz/Quartzite Counters, Recessed Lighting, Walk-In Closet(s)
      • Flooring: Hardwood
      • Windows: Double Pane Windows
      • Basement: Finished
      • Attic: None
      Interior area
      • Total structure area: 1,530
      • Total interior livable area: 1,530 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: None
      Features
      • Patio & porch: Covered, Patio, Porch, Terrace
      • Exterior features: Balcony, Mailbox
      • Fencing: Back Yard,Fenced,Front Yard,Vinyl
      Lot
      • Size: 0.35 Acres
      • Dimensions: 22 x 50
      • Features: Near Public Transit, Near Shops
      Details
      • Parcel number: 007950061
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Frame, Vinyl Siding
      Condition
      • Updated/Remodeled
      • Year built: 1880
      • Major remodel year: 2023

      Utilities & green energy

      • Gas: Separate Gas Meters: 1
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected

      Community & HOA

      HOA
      • Amenities included: Park
      Location
      • Region: Astoria

      Financial & listing details

      • Price per square foot: $784/sqft
      • Tax assessed value: $1,173,500
      • Annual tax amount: $6,872
      • Date on market: 3/4/2026
      • Cumulative days on market: 153 days
      • Listing agreement: Exclusive Agency
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/9/2026Pending sale$1,199,000$784/sqft
        Source: OneKey® MLS as distributed by MLS GRID #967198 Report a problem
        3/5/2026Listed for sale$1,199,000-0.1%$784/sqft
        Source: OneKey® MLS as distributed by MLS GRID #967198 Report a problem
        12/9/2024Listing removed$1,199,999$784/sqft
        Source: OneKey® MLS as distributed by MLS GRID #L3554398 Report a problem
        11/25/2024Listed for sale$1,199,999+118.2%$784/sqft
        Source: OneKey® MLS as distributed by MLS GRID #L3554398 Report a problem
        1/6/2015Sold$550,000-9.8%$359/sqft
        Source: Public Record Report a problem
        12/30/2003Sold$610,000$399/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $69,900 +1.2%
        2024-- $69,060 +8.1%
        2023-- $63,900 -4.8%
        2022-- $67,140 +5.9%
        2021-- $63,420 +4%
        2020$6,327 +6%$60,960 +10.1%
        2019$5,969 +1.2%$55,380 +96.4%
        2018$5,899 +7.7%$28,200 +4.9%
        2017$5,478 +7.2%$26,872 +5.1%
        2016$5,109 $25,557 +2.6%
        2015$5,109 +80%$24,909 +6%
        2014$2,838 $23,500
        2013-- $23,500 +4.9%
        2012-- $22,394 +5.1%
        2011-- $21,298 +2.6%
        2010-- $20,758 +6%
        2009-- $19,584
        2008-- $19,584
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Astoria

        Getting around

        95 / 100
        Walker's Paradise
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ps 84 Steinway
        • Middle: Is 141 Steinway (The)
        • High: Academy Of American Studies

        Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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