Buy with Yoreevo
$1,178,017
List Price: $1,199,000
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40-09 23rd Avenue
House in Ditmars-Steinway •  building info
4bd • 3ba • 15,030ft² $80 per ft²
Buy with Yoreevo

$1,178,017

List Price

$1,199,000

Key Details
Listed today
Last price change
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Estimated payment
$7,043/mo
Taxes
$573/mo
Maintenance
N/A
Description
Investor Opportunity – High-Income Legal Two-Family | Prime Astoria- 1031 Exchange Eligible Turnkey legal two-family property located just two subway stops from Manhattan, in one of NYC's strongest short-term rental markets. Both units are currently operating as high-performing short-term rentals, generating consistent income in a high-demand location. Income documentation available upon request for qualified buyers. "Offer Accepted" The property features two fully renovated two-bedroom apartments, each designed with modern finishes, sun-filled layouts, and strong rental appeal: First-floor unit with front and rear patios Second-floor unit with front balcony and private rear terrace Additional highlights include: - Gourmet kitchens with Quartz countertops & premium appliances - Spacious living areas with abundant natural light - Finished basement with half bath for added flexibility - Excellent overall condition (recently updated interiors) Located near Steinway and Ditmars dining, shopping, nightlife, and major transit options—making it highly attractive for both short-term and long-term tenants. The property is actively operated as a short-term rental with guests in residence. Showings are coordinated following accepted offers. Serious investors are encouraged to review the virtual tour and request financials prior to submitting. 1031 exchange eligible. A rare opportunity to acquire a cash-flowing asset in a prime Astoria location.

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Home features
Hardwood floors
Building amenities
Services and facilities
Parking Available
Shared outdoor space
Patio
Building info

History
What it'll cost
Purchase price
$1,199,000
Asking Price: $1,199,000
Term
30 Years
Down Payment
$119,000 (10%)
Min: 10% (119,000)
Rate
6.0 %
Mortgage Amount
$1,079,100
Mortgage Payment
$6,470
Taxes
$573
Estimated Yoreevo rebate
$20,983
Estimated closing cost
$44,000
Total monthly cost $7,043
Buy your dream home with us and get an estimated $20,983 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Shabbir Realty Inc

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