35-51 10Th St Queens, NY 11106

This well-maintained, nine-unit apartment building presents a compelling investment opportunity in Astoria, Queens. Located at 35-51 10th Street, this property boasts 7,600 square feet on a 2,500 square foot lot, zoned R5. The building, constructed in 1941, is a four-story walk-up with eight registered units plus a superintendent's unit. Currently enjoying 100% occupancy, this stabilized investment offers a strong cash flow with no rent arrears. The asking price is $1,400,000, translating to $155,555.56 per unit and $184.21 per square foot. The property benefits from its location in a rapidly developing neighborhood within the Long Island City Federal and State Opportunity Zone. This presents significant potential for future appreciation. The building is fully compliant and has no outstanding violations. This is a rare opportunity to acquire a stable, high-performing multifamily asset in a prime location with excellent growth prospects. The building's long-term lease history further enhances its investment appeal.