21-51 48th Street, Astoria, NY 11105 - Photo 1

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$1,745,000 Just Listed

For Sale
Active
Multi-Family
7 Total Beds
Updated 2 days ago

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Property Description

TWO HOUSES ON A 40 x 100 LOT! Double the charm, triple the value! Check out this rare Astoria gem: TWO houses, one lot-featuring a spacious two-family in front and a cozy one-family in back. With amazing tenants already in place and an incredible income, this is the investment opportunity you've been waiting for! It can be delivered vacant or occupied. 5% cap rate. One of the best blocks in Astoria.

Full Property Details

Full Property Details for 21-51 48th St

General

Price: $1,745,000
Taxes: $9,918
Status: Active
Type: Multi-Family
Source: Long_Island
MLS ID: 950731
Updated: 1/14/2026
Added to Site: 4 day(s) ago

Interior

Interior Features: First Floor Bedroom, Walk-In Closet(s), Washer/Dryer Hookup
Flooring: Ceramic Tile, Hardwood, Other

Rooms

Bathrooms

Total Bathrooms: 5
Full Bathrooms: 5

Bedrooms

Total Bedrooms: 7

Parking

Total Spaces: 2
Parking Features: Driveway

Location

County: Queens

School Information

High School District: Queens 30
Elementary School: Ps 84 Steinway
Middle School: Is 141 Steinway (The)
High School: William Cullen Bryant High School

Heating & Cooling

Cooling Type: Wall/Window Unit(s)
Heating Type: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected

Structural Information

Architectural Style: Other
Detached/Attached: Detached
Construction: Vinyl Siding
Basement: Yes
Basement Desc.: Full Basement, Walk-Out Access
Building Size: 2812
Square Feet: 2,812
Year Built: 1920

Lot Features

Property View: City
Lot Size (Sq. Ft.): 4,000
Lot Dimensions: 40*100
Fence: Yes
Lot Features: Paved
Fencing (Description): Fenced

Financial Considerations

Tax Amount: $9,918

Disclosures and Reports

Special Conditions: None
Property ID: 00760-0014
Block: 760
Lot Number: 14

Listed by Prime Realty

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718-229-2922

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Schools

Schools serving 21-51 48th St

School District:New York City Geographic School District 30

Name	Grades	Distance
Ps 2 Alfred Zimberg 75-10 21st Ave, Queens, NY 11370	PK-5	0.3 mi
Is 141 The Steinway 37-11 21st Ave, Queens, NY 11105	6-8	0.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 21-51 48th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/12/2026

Listed

$1,745,000

104.09%

MLS

10/03/2005

Sold

$855,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 21-51 48th St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$10,449

5%

$52,022

-40%

2024

$9,931

6%

$86,220

84%

2023

$9,413

-1%

$46,866

-33%

2022

$9,518

2%

$70,080

6%

2021

$9,320

2%

$66,240

2%

2020

$9,176

5%

$64,980

2%

2019

$8,722

10%

$63,540

63%

2017

$7,961

8%

$39,055

6%

2016

$7,377

4%

$36,903

2%

2015

$7,064

13%

$36,127

5%

2014

$6,246

5%

$34,338

6%

2013

$5,925

—

$32,546

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

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21-51 48th Street, Astoria, NY 11105 (MLS# 950731) is a Multi-Family property with 4 units containing 7 bedrooms and 5 full bathrooms. 21-51 48th Street is currently listed for $1,745,000 and was received on January 12, 2026. Want to learn more about 21-51 48th Street? Do you have questions about finding other Multi-Family real estate for sale in Astoria? You can browse all Astoria real estate or contact a Coldwell Banker agent to request more information.

21-51 48th St Astoria, NY 11105