Price Reduced Listing
35-02 Ditmars Boulevard,Astoria, NY 11105
Astoria, NY 11105
Description
Prime Mixed-Use Investment Property in the Heart of Astoria's Ditmars-Steinway District. Located at 35-02 Ditmars Boulevard, Astoria, NY 11105, this highly visible corner property offers an excellent opportunity for investors seeking strong rental income, diversified tenancy, and long-term appreciation potential. The three-story mixed-use building sits on a 20 x 100 lot and offers approximately 4,500 square feet of usable space. The property is zoned R5D/C1-3 and features 5 separate electric meters and 2 gas meters. Annual real estate taxes are approximately $26,424. The property consists of three retail spaces currently generating approximately $20,000, $3,000, and $3,000 per month, along with two spacious three-bedroom residential apartments renting for approximately $3,650 and $3,750 per month. Total annual rental income is approximately $400,000. Additional features include central air conditioning for the first-floor commercial space, a sidewalk heating system, and a full basement with storage. Ideally positioned along the busy Ditmars Boulevard commercial corridor, the property benefits from excellent visibility, strong pedestrian and vehicle traffic, and convenient access to neighborhood restaurants, shops, supermarkets, and other amenities. Located near the Astoria-Ditmars Blvd subway station with convenient N/W train service to Manhattan. A rare Astoria corner mixed-use asset offering multiple income streams, strong commercial exposure, and excellent long-term investment potential.
Details
| MLS # | 1038827 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 43 |
| Listing Provided By | Chase Global Realty Corp | Sophia X. Yao |
Features
| SQ Feet | 4,500 |
|---|---|
| Basement | Y |
| Units | 5 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard, Other |
| Interior Features | Other |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | None |
Utilities
| Utilities | Electricity Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 26424 |
| Tax Lot | 0029 |
Area Information
| State | NY |
|---|---|
| County | Queens |
| City | Astoria |
| Zip Code | 11105 |
| School District | Long Island City High School |
| Elementary School | Ps 85 Judge Charles Vallone |
| High School | Long Island City High School |
| Listing VS Median (in 11105) | |
Price: $6,800,000 low | high Med: $1,279,000 sqft: 4,500 low | high Med: 1,376 $ / sqft: $1,511 low | high Med: $930 On site: 43 low | high Med: 138 | |
Market Activity 11105
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Learn More About This Property
| State | NY |
|---|---|
| County | Queens |
| City | Astoria |
| Zip Code | 11105 |
| School District | Long Island City High School |
| Elementary School | Ps 85 Judge Charles Vallone |
| High School | Long Island City High School |
| Listing VS Median (in 11105) | |
Price: $6,800,000 low | high Med: $1,279,000 sqft: 4,500 low | high Med: 1,376 $ / sqft: $1,511 low | high Med: $930 On site: 43 low | high Med: 138 | |
