25-39 38th Street, Astoria

Exceptional investment opportunity in the heart of Astoria! This fully renovated 4-family property offers four spacious 2-bedroom, 1-bath apartments, each thoughtfully designed with central air conditioning and heat, vented kitchens and bathrooms, high ceilings, hardwood floors, and modern finishes throughout. The building features an elegant tiled common hallway with marble staircases, creating a welcoming and upscale first impression. The finished basement includes an epoxy floor, ample storage space, and a coin-operated laundry area, providing added convenience for tenants and additional income potential. This property has undergone extensive capital improvements, including a new roof, updated plumbing, new electrical service, upgraded gas service, new boiler, and spray foam insulation throughout, resulting in a low-maintenance, energy-efficient asset. A turnkey investment with quality upgrades, strong rental appeal, and excellent cash flow potential, this is an outstanding opportunity for investors seeking a stable, income-producing property in one of Queens' most desirable neighborhoods.