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Two Family Investment Property For Sale

22-68 21st Street, 1, Long Island City
Description

22-68 21st Street is a two-story, single family house that offers several investment and/or owner-user opportunities. With additional as-of-right buildable square footage, the property is primed for expansion similar to several other houses on the block. An expansion into a larger two-family duplex would be the highest and best use as an investment property. In the short term, the house could easily be renovated as a single family home, or reconfigured as a two-family. Located within walking distance to prestigious PS 122, sought after for its strong gifted and talented (G&T) program and Astoria Park, 22-68 21st Street offers one of the best locations in Astoria while still providing access to the N & Q subway lines. The property also benefits from being located in the New York City Department of Education’s 30th district. Additional transit options include the Q69 & Q100 bus lines as well as access to the RFK / Tri-borough Bridge and the Grand Central Parkway. Overall, this property offers a number of potential opportunities – it can serve as a single family home, configured as a two family, or be expanded into a larger two-unit duplex apartment building.

Plans for property expansion have been approved. Please see setup or request an Offering Memorandum for more information.

22-68 21st Street Setup (PDF)

Listing Highlights
Price:$1,175,000
Type:Multi-family
Room:8
Bedrooms:4
Bathrooms:2
Pets:Allowed
Status:Active
ID:102295
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