About This Home

This 6-bedroom, 3-bathroom multi-family at 4509 28th Avenue in Astoria, NY is listed for $1,738,000. Built in 1928, on a 0.04 acres lot.

Key Features

  • Built in 1928
  • 0.04 acre lot

Property Details

3 full
1928

Amenities

HardwoodA/C
Listing Description

Prime Astoria Mixed-Use Investment Opportunity - Delivered Fully Vacant! Rare opportunity to own a prime mixed-use property in one of Astoria's most desirable locations! Ideal for investors, 1031 exchange buyers, or owner-users, this versatile property features 2 residential units and 1 commercial storefront, offering excellent income potential and long-term investment value.

The second floor consists of a 2-bedroom, 1-bathroom apartment and a 1-bedroom, 1-bathroom apartment, while the first floor is currently configured as an attorney's office. The property offers approximately 2,600 sq. ft. of interior space, with a building footprint of approximately 20 x65 ft.

Designed for convenient management, the building features 3 separate electric meters, 3 gas meters, 3 gas heat boilers, and 3 hot water tanks, allowing for independent utility systems. Additional highlights include updated roof waterproofing and low annual property taxes of approximately $9,500.

Zoning R5 Conveniently located near the E/F/M/R subway lines, shopping, restaurants, and neighborhood amenities, providing excellent accessibility and everyday convenience. An outstanding opportunity to acquire a fully vacant, income-producing mixed-use property with attractive cap-rate potential and long-term appreciation upside in prime Astoria!

Monthly Cost Estimate

$9,295/mo

20% down · 6.5% · 30 years

Principal$1,257
Interest$7,531
Insurance$507

Estimates only. Actual payments may vary.

Location

4509 28th Avenue

Astoria, NY 11103

Features & Amenities

Interior Features

Built-in FeaturesHigh Ceilings

Property Details

Flooring

Hardwood

Construction

Brick

Parking

On Street

Heating

Baseboard

Cooling

Window Unit(s)Wall/Window Unit(s)

Questions & Answers

This 6-bedroom, 3-bathroom multi-family at 4509 28th Avenue is listed at $1,738,000. The estimated monthly payment is $9,295 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1928, 0.04 acre lot. Interior Features: Built-in Features, High Ceilings.

This property is listed by Xingye Fu.

XF

Xingye Fu

Agent at eXp Realty

Listed by eXp Realty · Broker phone: (888) 276-0630 · View on Broker Site

MLS# 1062306· Source: OneKey MLS· 19 days on PropertySimple

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4509 28th Avenue, Astoria, NY 11103

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