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$5,100,000 -$700,000 (-12.07%) Price Reduced
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Property Description
Exceptional investment opportunity in prime Astoria! This well-maintained 4-story brick building features 20 spacious rent-stabilized apartments, offering a highly desirable and balanced unit mix of 10 one-bedroom units and 10 studios. Meticulously cared for and ideally positioned in the heart of Astoria, the property is surrounded by multiple subway lines, bus routes, vibrant shopping, and some of Queens' most celebrated dining destinations-ensuring strong, consistent rental demand year-round. Residents will also enjoy rooftop access with sweeping skyline views of New York City, adding lasting lifestyle appeal and tenant retention value. With stable income, solid fundamentals, and an irreplaceable location in one of NYC's most sought-after neighborhoods, this is a rare chance to acquire a long-term hold asset with reliable cash flow and enduring upside.
Full Property Details
Full Property Details for 34-12 29th St
General
- Price: $5,100,000
- Taxes: $93,510
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 919592
- Updated: 1/12/2026
- Added to Site: 107 day(s) ago
Interior
- Flooring: Hardwood
Parking
- Parking Features: None
Location
- County: Queens
- Driving Directions: MapGoogle.com
School Information
- High School District: Queens 30
- Elementary School: Ps 112 Dutch Kills
- Middle School: Is 204 Oliver W Holmes
- High School: Long Island City High School
Heating & Cooling
- Cooling Type: Multi Units
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Available, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Stories/Levels: 4
- Stories in Building: 4
- Building Size: 14130
- Square Feet: 14,130
- Year Built: 1936
Lot Features
- Zoning: R5
Financial Considerations
- Tax Amount: $93,510
Disclosures and Reports
- Special Conditions: None
Listed by Key Impact Realty Group Inc
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Schools
Schools serving 34-12 29th St
School District:New York City Geographic School District 30
| Name | Grades | Distance |
|---|---|---|
Ps 112 Dutch Kills 25-05 37th Ave, Queens, NY 11101 | PK-5 | 0.3 mi |
Is 204 Oliver W Holmes 36-41 28th St, Queens, NY 11106 | 6-8 | 0.3 mi |
Long Island City High School 14-30 Broadway, Queens, NY 11106 | 9-12 | 0.4 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 34-12 29th St
Date
Details
Price
Change
Source
1/12/2026
Price Reduced
$5,100,000
-12.07%
MLS
10/01/2025
Listed
$5,800,000
—
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 34-12 29th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$93,510
3%
$748,080
3%
2024
$91,196
—
$729,450
—
2023
$90,948
8%
$727,470
-1%
2022
$84,403
9%
$738,450
17%
2021
$77,503
-3%
$631,800
-14%
2020
$80,163
6%
$732,600
4%
2019
$75,291
15%
$703,350
11%
2017
$65,386
—
$634,050
4%
2017
$65,386
7%
$611,100
15%
2016
$60,996
8%
$532,350
-1%
2015
$56,489
11%
$537,300
15%
2015
$50,848
12%
$468,450
11%
2013
$45,203
—
$421,200
—
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 34-12 29th St
34-12 29th Street, Astoria, NY 11106 (MLS# 919592) is a Commercial property. 34-12 29th Street is currently listed for $5,100,000 and was received on October 01, 2025. Want to learn more about 34-12 29th Street? Do you have questions about finding other Commercial real estate for sale in Astoria? You can browse all Astoria real estate or contact a Coldwell Banker agent to request more information.

