$6,200,000

This mixed-use building is a fantastic investment opportunity in one of Queens' most sought-after neighborhoods, Astoria. The building features 9 residential units and 1 retail commercial unit, making it an ideal choice for investors looking for a diverse income stream. The property has low maintenance costs and high income, making it a profitable investment opportunity. The building has a 15-year 421A tax abatement until 2027, offering significant tax savings to investors. This mixed-use building is situated on a busy avenue in Astoria with easy access to bus stops and subway stations that can take you all over NYC's five boroughs. The location is highly desirable, and tenants will appreciate the convenience of being close to transportation options. The residential units in the building are spacious, and some of them feature private balconies. All units have modern appliances and the building was built in 2013. The commercial retail unit is a great opportunity for a business to establish itself in this highly visible location, benefiting from the high foot traffic in the area. The location, modern amenities, and diverse income streams make it an attractive option for investors. Don't miss out on this unique opportunity to own a property with low maintenance costs and high income potential. Featured commercial Sales.