31-23 47th Street, Astoria, NY

$5,500,000

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14,680

Square feet

About 31-23 47th Street

The 24-unit multifamily building is located in the heart of Astoria, one of Queens’ most vibrant and rapidly growing neighborhoods. Built in 1953, the three-story, 14,680 SF walk-up sits on a 75' × 100' (7,500 SF) lot and offers a stable, income-producing investment with future upside potential. The building features spacious layouts with hardwood floors, high ceilings, and excellent natural light. Residents benefit from a quiet residential block while remaining just steps from the M and R subway lines, providing direct access to Manhattan and the rest of Queens. Broadway, Newtown Road, and 30th Avenue are within walking distance, offering a wide range of dining, shopping, and neighborhood amenities. This is a rare opportunity to acquire a well-maintained, 24-unit asset in a prime Astoria location with strong rental demand and long-term growth prospects. Featured Commercial Sales

Features of 31-23 47th Street

MLS® # 918494
Price $5,500,000
Bathrooms 0.00
Internal Footage 14,680
Square Footage 7500
Acres 0.00
Year Built 1953
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 31-23 47th Street
City Astoria
County Queens
State NY
Zip Code 11103

Amenities

Utilities Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
Parking None
Is Waterfront No
Has Pool No

Interior

Heating Electric
Cooling Wall/Window Unit(s)
Fireplace No
# of Stories 3
Has Basement Yes
Basement Unfinished

Exterior

Construction Brick

Additional Information

Date Listed September 29th, 2025
Days on Market 12
Zoning R5
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofNY Space Finders Inc
Contact Info718-440-8162

Listing Map

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