Marcus & Millichap - Tri Borough Multi-Family

3122 42nd Street

3122 42nd Street
Astoria, Queens

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Price: $3,950,000
Building Size: 13,775 Square Feet
Exclusive Listing Team:
INVESTMENT OVERVIEW:

Marcus & Millichap is pleased to offer 31-22 42nd Street, located between 31st Avenue and Broadway in the Astoria section of Queens, New York.

The subject property, 31-22 42nd Street, is a five-story apartment building that consists of one studio, 21 one-bedroom, 2 two-bedroom and 1 three-bedroom apartments. The property is built 37.42 feet by 88 feet on the first floor through fourth floors and sits on a 37.42 foot by 100-foot lot with approximately 13,775 gross square feet. The property is zoned R5 (Block: 679, Lot: 50).

This property offers investors the rare opportunity to purchase a fully rent stabilized apartment building, in an excellent location, with close proximity to Steinway Street and Broadway retail corridors, in the Astoria section of Queens, New York.