1833 27th Avenue, Astoria, NY 11102

• 6 beds |
• 3 baths |
• 3,432 sqft

Property Description

Prime Astoria Mixed-Use Investment & Development Opportunity! Excellent opportunity for developers and investors in a highly desirable Astoria location. This mixed-use property features 2 residential units plus 1 commercial storefront, offering strong existing rental income along with significant future development potential. Situated on a 25 x75 lot with R7X / C2-3 zoning, the property presents an attractive opportunity for potential redevelopment into a larger mixed-use building, subject to zoning, DOB requirements, and approvals. The existing building consists of 3 stories plus a full basement, offering approximately 3,432 sq. ft. of interior space with a building footprint of approximately 22x52. Each residential unit features 3 bedrooms and 1 full bathroom. The property is separately equipped with 3 electric meters and 3 gas meters and benefits from relatively low property taxes. Conveniently located near the N/W subway at Astoria Blvd, with easy access to shopping, restaurants, transportation, and neighborhood amenities. An excellent opportunity for investors, developers, 1031 exchange buyers, or owner-investors seeking strong rental income, attractive cap-rate potential, and long-term redevelopment upside in one of Astoria’s prime locations.

Listing Status:

Active

Data Last Updated:

October 6, 2026 at 1:20PM

Listing Office:

EXP Realty : 888-276-0630

MLS ID:

1058958

Interior

• General: Built-in FeaturesEat-in KitchenFormal DiningHigh Ceilings
• Basement: FullPartially FinishedStorage Space
• Flooring: TileVinyl
• A/C: Wall/Window Unit(s)
• Heating: Natural GasSteam

Exterior

• Style: Other
• Parking: On Street

Location

• Originating MLS: onekey2
• School District: Queens 30
• County: Queens

Lot

• Zoning: 00885-0104

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2