Double the charm, triple the value! Check out this rare Astoria gem: TWO houses, one lot-featuring a spacious two-family in front and a cozy one-family in back. With amazing tenants already in place and an incredible income, this is the investment opportunity you've been waiting for! It can be delivered vacant or occupied. 5% cap rate. One of the best blocks in Astoria.
Listed by Laura P. Fox
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Prime Realty
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718-229-2922
Last updated September 10, 2025
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Source: OneKey #844171
Listing Facts
TypeMulti-family
NeighborhoodSteinway
Bedrooms7
Bathrooms5
Days on Prevu160
Taxes$9,518/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
07/14/2025
Price Decreased
$1,799,000
06/28/2025
Price Decreased
$1,829,000
04/04/2025
Listed by Prime Realty
$1,890,000
Estimated Closing Costs
Total
$63,290
Attorney Fees
$4,000
NYC Mansion Tax
$17,990
Title Insurance
$8,096
Bank Attorney
$1,500
Mortgage Recording Tax
$27,704
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,799,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 21-51 48th Street
Exterior
Construction
Number Of Units Total: 4
Year Built: 1920
Architectural Style: Other
Construction Materials: Vinyl Siding
Features
Fencing: Fenced
View: City
Measurements
Building Area Total: 2,812
Building Area Units: Square Feet
Lot Features: Paved
Lot Size Dimensions: 40,100
Lot Size Square Feet: 4,000
Financial
Taxes
Tax Annual Amount: $9,518.00
Tax Year: 2023
Interior
Features
Flooring: Ceramic Tile, Hardwood, Other
Interior Features: First Floor Bedroom, Walk-In Closet(s), Washer/Dryer Hookup
Rooms
Basement: Full, Walk-Out Access
Has Basement: Yes
Bathrooms Full: 5
Bathrooms Total Integer: 5
Bedrooms Total: 7
Other
Location
Tax Block: 760
Tax Lot: 14
Parking
Parking
Parking Features: Driveway
Parking Total: 2
Schools
Elementary School
Elementary School: Ps 84 Steinway
Elementary School District: Queens 30
High School
High School: William Cullen Bryant High School
High School District: Queens 30
Middle or Junior School
Middle Or Junior School: Is 141 Steinway (The)
Middle Or Junior School District: Queens 30
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected
Water Source: Public
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