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$1,250,000 Just Listed
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Property Description
22-55 48th Street is a rare, completely detached legal two family home in the heart of Astoria, offering privacy, versatility, and strong investment potential. Gut renovated in 2020, including a brand new roof, this property requires no additional work truly move in ready for an end user or rent ready for an investor seeking immediate income. The top floor apartment features two spacious bedrooms and a third smaller bedroom that is perfect for a home office, kids' room, or nursery. The unit also includes a private balcony and an open concept living room, kitchen, and dining area designed for modern living and entertaining. The largest bedroom can comfortably accommodate a king size bed. This apartment is currently rented for $2,800 per month on a month to month basis, providing flexibility for either continued rental income or future occupancy. The first floor unit offers two bedrooms along with its own open living room, kitchen, and dining layout, creating a bright and functional living space. The primary bedroom in this unit is also large enough to fit a king size bed. This unit also enjoys direct access to the large front porch, adding great outdoor space for relaxing or entertaining. Each apartment is equipped with separate hot water heaters and split units throughout for efficient heating and cooling, offering comfort and convenience for both owners and tenants. The finished basement features 8 foot ceilings and a separate exterior entrance, providing valuable additional space ideal for recreation, storage, or extended living. The property also includes driveway parking. Another major benefit is the property's relatively low taxes, approximately $7,000 annually, significantly lower than the typical Astoria two family where property taxes often range between $10,000-$11,000 per year, making ownership more affordable. Completely detached, an exceptional find in Astoria, this turnkey property is ideal for investors, end users, or those seeking the perfect setup for multi generational living, allowing extended family to live comfortably while maintaining privacy between units.
Full Property Details
Full Property Details for 22-55 48th St
General
- Price: $1,250,000
- Taxes: $7,226
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 978834
- Updated: 4/1/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: First Floor Full Bath
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Parking Features: Driveway
Location
- County: Queens
Heating & Cooling
- Cooling Type: ENERGY STAR Qualified Equipment
- Heating Type: ENERGY STAR Qualified Equipment, Oil
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Building Size: 1844
- Square Feet: 1,844
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.0546
- Lot Size (Sq. Ft.): 2,380
Financial Considerations
- Tax Amount: $7,226.68
Disclosures and Reports
- Special Conditions: None
- Property ID: 00758-0005
Listed by Amorelli Realty LLC
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Schools
Schools serving 22-55 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 | 0.5 mi |
Is 141 The Steinway 37-11 21st Ave, Queens, NY 11105 | 6-8 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 22-55 48th St
Date
Details
Price
Change
Source
3/31/2026
Listed
$1,250,000
—
MLS
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 22-55 48th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,405
6%
$36,869
-49%
2024
$6,994
5%
$71,700
117%
2023
$6,649
4%
$33,106
-57%
2022
$6,374
-3%
$77,220
11%
2021
$6,605
2%
$69,540
2%
2020
$6,503
11%
$68,340
-1%
2019
$5,846
7%
$69,180
151%
2018
$5,466
9%
$27,588
5%
2017
$5,032
2%
$26,154
—
2016
$4,919
5%
$26,154
2%
2015
$4,697
121%
$25,603
6%
2014
$2,127
-42%
$24,184
5%
2013
$3,675
—
$22,990
—
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
Estimate the Cost for 22-55 48th St
2255 48th Street, Astoria, NY 11105 (MLS# 978834) is a Multi-Family property with 2 units containing 5 bedrooms and 3 full bathrooms. 2255 48th Street is currently listed for $1,250,000 and was received on March 31, 2026. Want to learn more about 2255 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.

