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2,001 ft²

$924 per ft²

8 rooms

4 beds

2.5 baths

reported sale

Sold on 6/3/2025

Not yet verified by closing records

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Seller's agents

Peter Giotitsas

Licensed Real Estate Salesperson

Sterea Realty Group LLC

John Matsis

Licensed Real Estate Broker

Sterea Realty Group LLC

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Listing by Sterea Realty Group LLC, Real Estate Principal Office, 31-00 47th Avenue, Long Island City, NY 11101

Common charges

Not applicable

Estimated payment

$9,603/mo

Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.

Taxes

$600/mo

Tax abatement

No info

About

Seller’s agent

/

Peter Giotitsas

Licensed Real Estate Salesperson

Sterea Realty Group LLC

John Matsis

Licensed Real Estate Broker

Sterea Realty Group LLC

description

Great opportunity for an investor -- corner property in a highly desirable Opportunity Zone in the heart of a major redevelopment area.

2 large, whole-floor residential units are without a lease and have potential for 100%+ rent increase. Building is violation-free and all up to code.

Roof + skylight/hutch/coping all done in 2023.

All utilities (gas heat) less than 8 years old.

Policies

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Home features

No info on home features

Building amenities

No info on building amenities

About the building

42-20 34th Avenue

42-20 34th Avenue, Long Island City, NY 11101

Mixed-use building inAstoria

2 units

3 stories

1920 built

Property history

  • Price Change: ↓ $150,000 (-7.5%) on 1/29/25
  • Days on market: 189 daysThis is the number of days the listing has been on StreetEasy.
DatePriceEvent

6/3/2025

$1,850,000

Sold by Sterea Realty Group LLC

4/1/2025

$1,850,000

In contract

3/19/2025

$1,850,000

Listed by Sterea Realty Group LLC

3/6/2025

$1,850,000

In contract

1/29/2025

$1,850,000

Price decreased by 8%

Past listing photos

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Explore Astoria

Transit

LocationDistance

MRat Steinway St

0.13 miles

MRat 46th St

0.24 miles

MRat 36th St

0.51 miles

NWat Broadway

0.56 miles

NWat 36th Av

0.58 miles

About Astoria

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

4 beds

$1.46M

RentalsMedian asking base rent

4 beds

$4,000

Home to some 160,000 residents, Astoria is a bustling neighborhood long known for its great ethnic food, busy commercial thoroughfares and charming single-family homes. Astoria's quick commute into Midtown Manhattan (15 minutes on the N, R, W, or M) and reasonable home prices, however, have recently begun to attract newcomers. New developments are now cropping up and changing the landscape, too. Now, the neighborhood's historic single-family homes and postwar co-op buildings are interspersed with condominiums and upscale rentals.

Learn more about Astoria