Date
Details
Price
Change
Source
3/04/2026
Listed
$1,199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Investor Opportunity - Legal Two-Family | 1031 Exchange Eligible | Prime Astoria Rare opportunity to acquire a legal two-family property in one of Queens' strongest and most in-demand rental markets, just two subway stops from Manhattan. Walking distance to Steinway and Ditmars dining, shopping, nightlife, and major transit. The property features two fully updated two-bedroom apartments, each offering modern, high-end finishes, sun-filled living areas, gourmet kitchens with quartz countertops and premium appliances, and generously sized bedrooms with ample closet space. First-floor unit with front and rear patios Second-floor unit with front balcony and private rear terrace A finished basement with a half bathroom adds valuable supplemental living space and flexibility. Both units are currently utilized for long-term Airbnb stays, providing strong income in a high-demand location. Showings will be scheduled only after an offer is accepted to accommodate ongoing occupancy. Property may be purchased as part of a 1031 exchange. Sold AS-IS. Certificate of Occupancy has been applied for and will be provided at closing. Property condition: Good Ideal for investors seeking a turnkey, income-producing multifamily asset with long-term appreciation potential in a prime Astoria location. A rare opportunity in a hot market.
Full Property Details
Full Property Details for 40-09 23rd Ave
General
- Price: $1,199,000
- Taxes: $6,872
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 967198
- Updated: Today (3/4/2026)
- Added to Site: Today
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer, High Speed Internet, Kitchen Island, Open Floorplan, Open Kitchen, Quartz/Quartzite Counters, Recessed Lighting, Walk-In Closet(s), Washer/Dryer Hookup
- Laundry Facilities: Yes
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup, In Basement, Washer Hookup
Additional Information
- Shared Amenities: Park
Exterior
- Exterior Features: Balcony, Mailbox
- Porch/Patio/Deck: Covered, Patio, Porch, Terrace
Parking
- Parking Features: None
Location
- County: Queens
- Cross Streets: Stienway
- Driving Directions: Google Maps
School Information
- High School District: Queens 30
- Elementary School: Ps 84 Steinway
- Middle School: Is 141 Steinway (The)
- High School: Academy Of American Studies
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard, Electric
- Heating Zones: 2
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame, Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Windows: Double Pane Windows
- Building Size: 1530
- Square Feet: 1,530
- Year Built: 1880
Lot Features
- Lot Size (Sq. Ft.): 15,030
- Lot Dimensions: 22 x 50
- Fence: Yes
- Lot Features: Near Public Transit, Near Shops
- Fencing (Description): Back Yard, Fenced, Front Yard, Vinyl
Financial Considerations
- Tax Amount: $6,872.6
Disclosures and Reports
- Special Conditions: None
- Property ID: 00795-0061
- Block: 795
- Lot Number: 61
Listed by Shabbir Realty Inc
We Value Your Privacy
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Listing agent
— 40-09 23rd Ave —
Shabbir Realty Inc
516-350-6800
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 40-09 23rd Ave
School District:New York City Geographic School District 30
| Name | Grades | Distance |
|---|---|---|
Ps 84 Steinway 22-45 41st St, Queens, NY 11105 | PK-5 | 0.1 mi |
Is 141 The Steinway 37-11 21st Ave, Queens, NY 11105 | 6-8 | 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 40-09 23rd Ave
Tax History
Tax History for 40-09 23rd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,545
7%
$42,546
-38%
2024
$7,969
17%
$69,060
104%
2023
$6,797
4%
$33,840
-50%
2022
$6,549
1%
$67,140
6%
2021
$6,454
2%
$63,420
4%
2020
$6,327
6%
$60,960
10%
2019
$5,969
9%
$55,380
96%
2017
$5,478
—
$28,200
5%
2017
$5,478
7%
$26,872
5%
2016
$5,109
5%
$25,557
3%
2015
$4,871
16%
$24,909
6%
2014
$4,211
11%
$23,500
—
2013
$3,784
—
$23,500
—
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 40-09 23rd Ave
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40-09 23rd Avenue, Astoria, NY 11105 (MLS# 967198) is a Multi-Family property with 2 units containing 4 bedrooms and 3 full bathrooms. 40-09 23rd Avenue is currently listed for $1,199,000 and was received on March 04, 2026. Want to learn more about 40-09 23rd Avenue? 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.