106-18 Astoria Blvd, East Elmhurst, NY 11369

New - 7 Hours Ago

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Property Description

Built in 2021, this legal 6-family new construction building offers a turnkey investment opportunity with all units currently occupied, allowing the next owner to immediately begin collecting rental income. The property features two studio apartments, two 1-bedroom units with private balconies, and two 2-bedroom units with balconies. The building operates as free-market rentals, providing strong income potential and flexibility for investors. Designed with efficiency in mind, the building includes separate boilers, heating systems, electric meters, and gas meters for each unit, helping keep operating costs low, with the owner responsible only for water. Conveniently located near LaGuardia Airport with easy access to the Grand Central Parkway and the 7 Train, as well as multiple bus routes, providing a quick commute to Manhattan and surrounding boroughs. The property is also close to Flushing Meadows-Corona Park and Citi Field, along with numerous restaurants, shopping options, and everyday conveniences. This property can be purchased individually or as part of a portfolio with the adjacent buildings at 31-04 107th Street and 106-18 Astoria Boulevard, presenting a rare opportunity to acquire three attached income-producing buildings.

106-18 Astoria Blvd | MLS# 968124

This commercial property located at 106-18 Astoria Blvd, East Elmhurst, NY 11369 is currently listed for sale with an asking price of $2,288,000. 106-18 Astoria Blvd is located within the Queens 25 school district. Search East Elmhurst real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Commercial -
Basement: Full
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Natural Gas
Taxes: $31,028
Year Built: 2021

Feature Descriptions

Building Area Total: 4066
Exterior: Brick
Heating Units: 6
Heating Zones: 6
On Market Date: 2026-03-06
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 7
Separate Gas Meters: 6
Sewer: Public Sewer
Units: 6
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public

Local Schools

High School: Flushing High School
Elementary School: HELEN M MARSHALL SCHOOL (grades KG-5)
School District: Queens 25

Demographics

Listed By / Shown By

Listing By

Agency Name: Daniel Gale Sothebys Intl Rlty
Agency Contact: 718-762-2268

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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