Property Description

Built in 2021, this mixed-use property featuring 6 residential units plus 1 storefront offers a turnkey investment opportunity with all units currently occupied, allowing the next owner to begin collecting rental income immediately. The residential portion consists of six 1-bedroom, 1-bathroom apartments, some with private balconies, while the storefront is currently occupied by a barbershop. The building's modern construction includes separate boilers, heating systems, electric meters, and gas meters for each unit, helping keep operating costs efficient, with the owner responsible only for water. Conveniently located near LaGuardia Airport with easy access to the Grand Central Parkway and 7 train, plus multiple bus routes for a quick commute to Manhattan and surrounding boroughs. Close to Flushing Meadows-Corona Park, Citi Field, restaurants, shopping, and everyday conveniences. This property can be purchased individually or as part of a portfolio with the adjacent buildings at 31-04 107th St and 106-18 Astoria Blvd, presenting a rare opportunity to acquire three attached income-producing buildings.

Property Features