James Karpowicz
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 james-karpowicz.timberlandproperties.com today.
Gallery
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Full
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
Days on Site: 1
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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21-51 27th Street , Astoria, NY 11105
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Demographics
Listed By / Shown By
Listing By
Agency Name: Citi Zone Realty LLC
Agency Contact: 718-482-7100
Shown By
Agent Name: James Karpowicz
Agent Phone: (646) 942-8421 Cell
Agency Title: Timberland Properties
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21-51 27th Street , Astoria, NY 11105
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