20-63 48th Street, Astoria, NY 11105
Local realty services provided by:ERA Caputo Realty
20-63 48th Street,Astoria, NY 11105
$2,000,000
- 5 Beds
- 5 Baths
- 2,709 sq. ft.
- Multi-family
- Coming Soon
Listed by: minas styponias, nancy e. mooney
Office: realty executives today
MLS#:1058749
Source:OneKey MLS
Price summary
- Price:$2,000,000
- Price per sq. ft.:$738.28
About this home
We are pleased to exclusively present 20-63 48th Street, an exceptional opportunity to acquire two recently constructed, fully legal three-family homes situated on a spacious former double lot in the highly sought-after Upper Ditmars section of Astoria, Queens.
Only approximately three years old, these modern residences offer an outstanding combination of new construction, flexible layouts, parking, outdoor space, and income-producing potential. Each building features a private driveway, garage, full basement, and multiple balconies, providing a level of convenience and functionality rarely found in new multifamily properties.
The thoughtfully designed layouts include a generous convertible 2-bedroom-plus / 2-bathroom upper-floor residence, a matching 2-bedroom-plus / 2-bathroom middle-floor residence, and a 1-bedroom / 1-bathroom ground-floor ADA-compliant unit with convenient walk-out access.
Adding further value, the property has already been prepared for the potential creation of a dedicated laundry room, additional storage, and a shared backyard, offering an opportunity to enhance both resident appeal and long-term value.
Ideally positioned on 48th Street just one block north of Ditmars Boulevard, the property places residents in the heart of one of Astoria's most desirable residential neighborhoods, surrounded by local shops, dining, transportation, and the vibrant amenities that make Upper Ditmars such a sought-after destination.
20-63 48th Street presents a compelling opportunity for an investor seeking modern multifamily assets with additional upside, or for an end user looking to own a substantial, recently built property in one of Queens' most established and desirable neighborhoods.
A rare combination of new construction, legal multifamily income, parking, outdoor space, and future potential — all in the heart of Astoria....
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Home facts
- Year built:2021
- Listing ID #:1058749
- Updated:October 05, 2026 at 10:52 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:5
- Basement:Yes
- Basement Description:Finished, Walk-Out Access
- Living area:2,709 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:2021
- Building area:2,709 sq. ft.
- Lot area:0.05 Acres
- Construction Materials:Block, Brick
Schools
- High school:William Cullen Bryant High School
- Middle school:Is 141 Steinway (The)
- Elementary school:Ps 2 Alfred Zimberg
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,000,000
- Price per sq. ft.:$738.28
- Tax amount:$13,280 (2026)
Features and amenities
- Laundry features:Common Area
Parking
- Total parking spaces:2
- Parking description:Driveway, Garage, Off Street
- Garage:Yes
- Garage spaces:1
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