Property Description

21-45 23rd Street is a well-maintained, four-story, 16-unit prewar walk-up ideally situated on the corner of 21st Avenue and 23rd Street in Astoria's highly desirable Ditmars-Steinway neighborhood.The current ownership schedule reflects 100% occupancy, consisting of 16 income-producing residential apartments.Full Offering MemorandumThe property offers a compelling value-add opportunity. The asset demonstrates strong in-place cash flow while providing investors with meaningful income growth potential.With its prime location, consistent occupancy, and favorable rent roll, 21-45 23rd Street represents an attractive multifamily investment in one of Astoria's most established and supply-constrained residential neighborhoods.

Property Features

Local Schools