Ashlyn Ouimet
Licensed Real Estate Salesperson
REALTOR®
Sidney, NY
Office: (607) 604-4394 (607) 316-3923
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40-09 23rd Avenue, Astoria, NY 11105

New - 23 Hours Ago

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Property Description

Investor Opportunity - Legal Two-Family | 1031 Exchange Eligible | Prime AstoriaRare opportunity to acquire a legal two-family property in one of Queens' strongest and most in-demand rental markets, just two subway stops from Manhattan. Walking distance to Steinway and Ditmars dining, shopping, nightlife, and major transit.The property features two fully updated two-bedroom apartments, each offering modern, high-end finishes, sun-filled living areas, gourmet kitchens with quartz countertops and premium appliances, and generously sized bedrooms with ample closet space.First-floor unit with front and rear patiosSecond-floor unit with front balcony and private rear terraceA finished basement with a half bathroom adds valuable supplemental living space and flexibility.Both units are currently utilized for long-term Airbnb stays, providing strong income in a high-demand location. Showings will be scheduled only after an offer is accepted to accommodate ongoing occupancy.Property may be purchased as part of a 1031 exchange.Sold AS-IS.Certificate of Occupancy has been applied for and will be provided at closing.Property condition: GoodIdeal for investors seeking a turnkey, income-producing multifamily asset with long-term appreciation potential in a prime Astoria location. A rare opportunity in a hot market.

40-09 23rd Avenue | MLS# 967198

This multi-family property located at 40-09 23rd Avenue, Astoria, NY 11105 is currently listed for sale with an asking price of $1,199,000. 40-09 23rd Avenue is located within the Queens 30 school district. Search Astoria real estate on ashlyn-ouimet.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished
Cooling: Wall/Window Unit(s)
Fenced: Yes
Heating: Baseboard, Electric
Lot Size: 0.35 Acres
Taxes: $6,872
Year Built: 1880

Amenities

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)
Washer/Dryer Hookup
Balcony
Mailbox

Feature Descriptions

Association Amenities: Park
Building Area Total: 1530
Exterior: Frame, Vinyl Siding
Fencing: Back Yard, Fenced, Front Yard, Vinyl
Flooring: Hardwood
Heating Units: 1
Heating Zones: 2
Laundry: Electric Dryer Hookup, In Basement, Washer Hookup
Lot Dimensions: 22x50
Lot Features: Near Public Transit, Near Shops
On Market Date: 2026-03-04
Parcel Number: 00795-0061
Parking Features: None
Parking Total: 0
Patio And Porch: Covered, Patio, Porch, Terrace
Rental Term: Monthly
Separate Electric Meters: 3
Separate Gas Meters: 1
Sewer: Public Sewer
Units: 2
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
Water: Public
Window Features: Double Pane Windows

Local Schools

High School: Academy Of American Studies
Middle School: Is 141 Steinway (The)
Elementary School: Ps 84 Steinway
School District: Queens 30

Estimate Your Payment

Estimated Payment

$ 3,590.83 per month $2,668.45 Principal & Interest $572.67 Property Tax $349.71 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Shabbir Realty Inc
Agency Contact: 516-350-6800

Shown By

Agent Name: Ashlyn Ouimet
Agent Phone: (607) 316-3923
Agency Title: Timberland Properties

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All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/05/2026. The listing information on this page last changed on 03/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/05/2026 2:59:53 AM EST) or Global MLS (last updated Thu 03/05/2026 1:21:58 AM EST) or New York State Alliance MLS (last updated Thu 03/05/2026 2:34:30 AM EST) or Hudson Valley Catskill Region MLS (last updated Thu 03/05/2026 12:11:15 AM EST) or OneKey MLS (last updated Thu 03/05/2026 1:45:06 AM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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