Lynne Jaffe
CBR
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21-51 27th Street , Astoria, NY 11105

$3,800,000
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Lynne Jaffe
Call: (917) 836-5505
Text: (917) 836-5505

New to the Market
BEDS0 BATHS MLS#987160
STATUSActive PROPERTY TYPECommercial -
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Property Description

Prime Astoria 16-Family Investment OpportunityIntroducing a rare 16-unit multifamily building in the heart of Astoria, Queens, offering exceptional stability and long-term upside. This meticulously maintained property features 12 fully renovated apartments, an updated roof, and overall excellent building condition that reflects true pride of ownership. Located in one of Astoria's most desirable and high-demand corridors, this asset provides strong rental appeal, consistent cash flow, and minimal future capital needs - an ideal addition to any investor's portfolio.

21-51 27th Street | MLS# 987160

This commercial property located at 21-51 27th Street , Astoria, NY 11105 is currently listed for sale with an asking price of $3,800,000. Search Astoria real estate on lynnejaffe.laffey.com today.

Property Features

Property Type: Commercial -
Basement: Full
Basement: Yes
Cooling: None
Heating: Oil
Lot Size: 0.09 Acres
Stories: 4.0
Taxes: $64,734
Year Built: 1927

Feature Descriptions

Building Area Total: 11000
Cap Rate: 6
Exterior: Brick, Unknown
On Market Date: 2026-04-18
Parcel Number: 00857-0013
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 17
Separate Gas Meters: 16
Sewer: Public Sewer
Units: 16
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
Water: Public

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Preferred Communication Method

Listed By / Shown By

Listing By

Agency Name: Citi Zone Realty LLC
Agency Contact: 718-482-7100

Shown By

Agent Name: Lynne Jaffe
Agent Phone: (917) 836-5505
Agency Title: Laffey Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/18/2026. The listing information on this page last changed on 04/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/18/2026 1:03:32 PM EST) or OneKey MLS (last updated Sat 04/18/2026 12:55:57 PM EST). Real estate listings held by brokerage firms other than Laffey Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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