Prime Investment Opportunity at 28-09 23rd Avenue

Prime Investment Opportunity in Astoria–Ditmars!

Open house this Saturday (3/14) at 12 to 2pm

Located just off vibrant 23rd Ave in the heart of Astoria, this legal two-family home presents a rare opportunity for investors, end-users, and developers alike.

Currently built at approximately 2,160 square feet, this property offers significant upside potential with R5D zoning allowing up to 4,000 buildable square feet. Whether you’re looking to expand, reconfigure, or maximize future value, the development possibilities here are substantial.

Property Highlights:
• Legal 2-Family Home
• Two 3-Bedroom / 1-Bath Apartments (Total: 6 Bedrooms, 2 Bathrooms)
• Approx. 2,160 Sq Ft Existing
• 1,000 Sq Ft Basement
• Lot Size: 20 x 100
• Gas-Powered Heat
• Property Taxes: Approx. $9,800 Annually
• Zoning: R5D (Up to 4,000 Buildable Sq Ft)

Each apartment offers strong rental income potential, making this an ideal addition to any investment portfolio. The generous basement space provides added flexibility for storage or future enhancement.

Situated on 23rd Ave—one of Astoria’s most desirable corridors—this property benefits from close proximity to the N/W train line, as well as the neighborhood’s renowned restaurants, cafés, boutiques, and everyday conveniences. Demand in the Astoria–Ditmars market remains strong, driven by its accessibility, vibrant culture, and consistent rental growth.

Opportunities with expansion potential in this location are limited. Don’t miss your chance to secure a value-add asset in one of Queens’ most sought-after neighborhoods