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Business opportunity for sale in Astoria

USD 2,300,000

Business opportunity (For sale)

5 bd
3 ba
4,250 sqft
Reference: EDEN-T116754365 / 116754365
36-26 11th Street is configured as a fully renovated two-family property with additional basement office space and expansive outdoor parking capacity. The first floor consists of a 2-bedroom, 1 bathroom apartment. The second floor contains a 3-bedroom, 1 bathroom apartment. The finished basement currently operates as office space, creating additional live-work flexibility for ownership or tenants. 2017 Full Gut Renovation Included: Mechanical systems Plumbing Electrical Interior apartment renovations Exterior concrete improvements The roof is approximately 12 years old and mechanical systems are approximately 7 years old. Each residential unit maintains separate utilities and separate boilers, minimizing operational inefficiencies and improving expense controls. The site's defining feature is the 8-car private driveway and rear parking area. This level of parking capacity is exceptionally rare within Astoria and materially increases usability for contractors, service businesses, logistics operators, and owner users requiring storage and fleet access. The existing residential use remains grandfathered under current M1-1 zoning, allowing continued multifamily operation while preserving future redevelopment flexibility. View more View less 36-26 11th Street is configured as a fully renovated two-family property with additional basement office space and expansive outdoor parking capacity. The first floor consists of a 2-bedroom, 1 bathroom apartment. The second floor contains a 3-bedroom, 1 bathroom apartment. The finished basement currently operates as office space, creating additional live-work flexibility for ownership or tenants. 2017 Full Gut Renovation Included: Mechanical systems Plumbing Electrical Interior apartment renovations Exterior concrete improvements The roof is approximately 12 years old and mechanical systems are approximately 7 years old. Each residential unit maintains separate utilities and separate boilers, minimizing operational inefficiencies and improving expense controls. The site's defining feature is the 8-car private driveway and rear parking area. This level of parking capacity is exceptionally rare within Astoria and materially increases usability for contractors, service businesses, logistics operators, and owner users requiring storage and fleet access. The existing residential use remains grandfathered under current M1-1 zoning, allowing continued multifamily operation while preserving future redevelopment flexibility.
Reference: EDEN-T116754365
Country: US
City: New York
Postal code: 11106
Category: Commercial
Listing type: For sale
Property type: Business opportunity
Property size: 4,250 sqft
Rooms: 5
Bedrooms: 5
Bathrooms: 3

SALE PRICE PER SQFT IN ASTORIA

Average sale price per sqft
Apr 2023
3 months
1 year
House
-
-
-
Apartment
USD 1,129
-
-

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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