32-87 38th Street, Astoria, NY 11103

Local realty services provided by:ERA Insite Realty Services
32-87 38th Street,Astoria, NY 11103
$1,688,000
  • 5 Beds
  • 4 Baths
  • 2,576 sq. ft.
  • Multi-family
  • Pending
Listed by:ruslan mingazov
Office:re/max edge
MLS#:890203
Source:OneKey MLS

Price summary

  • Price:$1,688,000
  • Price per sq. ft.:$655.28

About this home

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 facts

  • Year built:1920
  • Listing ID #:890203
  • Added:71 day(s) ago
  • Updated:September 26, 2025 at 04:42 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,576 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1920
  • Building area:2,576 sq. ft.
  • Lot area:0.06 Acres

Schools

  • High school:Contact Agent
  • Middle school:Call Listing Agent
  • Elementary school:Contact Agent

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,688,000
  • Price per sq. ft.:$655.28
  • Tax amount:$10,179 (2024)
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