23-74 29th Street Astoria: Bankruptcy Auction

FOR SALE

$3,650,000

23-74 29th Street, Astoria, NY 11105

Property Description

Bid Deadline: Monday, September 14, 2026 by 5:00 PM

Auction Date: Wednesday, September 16, 2026 at 3:30 PM

Opening Bid: $3,665,000

4-story, multifamily building on 29th Street in Astoria, Queens, NY
21 residential units
13,000 sq ft building on a 50 ft x 100 ft lot
50 ft of frontage along 29th Street
Situated near retail corridors on 23rd Avenue and 31st Street
Short walk to the Astoria Boulevard Subway Station, at Hoyt Avenue (N, W) and the Astoria-Ditmars Boulevard Subway Station, at 23rd Avenue (N, W)
Surrounded by some of the best restaurants, cafes and shops of Astoria including: Macoletta, Elias Corner, Telly’s Taverna, Under Pressure Coffee, Mosaic, Bar Dalia, and Athena Gourmet Market

Property Details

Asset Type

MultiFamily

Neighborhood

Astoria

Submarket

Astoria

ZIP

11105

Listing Type

sale

Purchase Price ($)

Down Payment (%)

Interest Rate (%)

Amortization

Loan Term

Gross Income ($)

Vacancy Rate (%)

Mgmt Fee ($)

Insurance ($)

Maintenance ($)

Utilities ($)

Property Taxes ($)

Reserves ($)

Net Operating Income (NOI)

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$207,634

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$17,303

Annual Debt Service

$207,634

View on Map

Address

23-74 29th Street

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Astoria MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

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