Exceptional 6-Unit Investment Opportunity in Prime Astoria Positioned on a charming, tree-lined block in one of Queens’ most desirable neighborhoods, 30-67 42nd Street presents a rare chance to own a well-maintained, rent-stabilized six-unit multifamily property in the heart of Astoria. Each floor offers two spacious 2-bedroom, 1-bathroom units, for a total of six income-generating residences. With its strong rent-stabilized tenant base and historically low vacancy rates in the area, this building is ideal for long-term investors seeking immediate cash flow and long-term upside. The roof is in excellent condition, a testament to the care and upkeep of this classic pre-war structure. The building also offers a clean and functional layout that provides both efficiency and comfort across all units. Located just minutes from Steinway Street, 30th Avenue, and the N/W subway lines, this property is surrounded by Astoria’s best dining, shopping, and neighborhood offerings—making it a consistent draw for quality tenants. Whether you’re a seasoned investor or entering the multifamily space, 30-67 42nd Street represents stability, location, and opportunity in equal measure.

Listing courtesy of Douglas Elliman Real Estate Kenneth.King@elliman.com


Based on information submitted to the MLS GRID as of 2025-06-09 02:11 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.