INSIDE a MIXED-USE INVESTMENT GEM IN PRIME ASTORIA, QUEENS | 33 29 Astoria Blvd | SERHANT. Tour

Описание: Listed By: Jade Shenker (@jadeshenker) Madison Sutton (@thenycagent_)

Link: https://serhant.com/properties/33-29-...

SERHANT. Commercial is proud to present an exceptional investment opportunity in the heart of Astoria, Queens. Located at 33-29 ASTORIA BLVD N, this versatile mixed-use building spans 3,546 sq ft and features a strategic configuration of residential and commercial spaces. The property's layout includes two well-appointed two-bedroom apartments, providing attractive residential options in this sought-after neighborhood. On the ground floor, the building houses a thriving lounge called Republic, which currently occupies the retail space and is open to renewing their five-year lease, offering stability and consistent income for potential investors. Situated in one of Queens' most vibrant areas, this property benefits from high foot traffic and convenient proximity to Manhattan, enhancing its appeal to both residential tenants and commercial enterprises. The surrounding neighborhood has experienced a surge in new construction projects, significantly elevating the local real estate landscape. This development has led to a strengthening of rental markets in both the residential and commercial sectors, positioning 33-29 ASTORIA BLVD N at the forefront of Astoria's booming real estate scene. For investors, this property presents a unique opportunity to capitalize on the area's growing desirability, with the added advantage of an established commercial tenant and the potential for residential income. With its strategic location, mixed-use design, and the robust economic indicators of the neighborhood, 33-29 ASTORIA BLVD N stands out as a compelling investment in one of New York City's most promising submarkets.


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