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32-87 38th Street
House in Astoria •  building info
5bd • 4ba • 2,499ft² $675 per ft²
Sold price

$1,688,000

Key Details
Days on market
155
Last price change
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Estimated payment
$10,202/mo
Taxes
$848/mo
Maintenance
N/A
Description
Investor-friendly 3-family brick home in prime Astoria / Long Island City border, situated on a 25' x 100' lot and featuring 5 total bedrooms across 3 rental units, with one unit currently vacant and potential for full vacancy. Ideal for investors or owner-occupants seeking strong rental income and flexibility. Includes hardwood and tile flooring, gas heat with radiator system, partially finished basement, and a fenced backyard with patio. Zoned R5 with an FAR of 1.05 (max 1.25), offering potential for minor expansion. Located near Northern Boulevard, Steinway Street, M and R subway lines, and the Kaufman Arts District, this property offers solid long-term upside in a high-demand area.

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Home features
Hardwood floors
Building amenities
Services and facilities
Fios Available
Building info

History
What it'll cost
Purchase price
$1,688,000
Asking Price: $1,688,000
Term
30 Years
Down Payment
$168,000 (10%)
Min: 10% (168,000)
Rate
6.25 %
Mortgage Amount
$1,519,200
Mortgage Payment
$9,354
Taxes
$848
Estimated closing cost
$60,000
Total monthly cost $10,202
Listing Courtesy of RE/MAX Edge

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