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$2,499,000
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Property Description
Prime 6-Family Investment Opportunity in Astoria/LIC Welcome to 23-58 38th Street - a well-maintained 6-family property situated on a generous 50 x 100 ft. lot, zoned R5B, in the vibrant Astoria/Long Island City area. This rare offering includes a 25 x 100 buildable portion, making it ideal for builders or investors seeking value-add potential or redevelopment opportunities. The property features six residential units configured as follows: One 3-bedroom, 2-bath apartment Four 2-bedroom apartments One 1-bedroom apartment All units are occupied and offer comfortable living spaces. Additional highlights include an extra-large backyard, 3-car garages, and proximity to the M & R subway lines. Located near popular restaurants, shops, parks, and public transportation, this is a must-see opportunity in one of Queens' most desirable neighborhoods. A Must See
Full Property Details
Full Property Details for 23-58 38th St
General
- Price: $2,499,000
- Taxes: $20,207
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 947439
- Updated: 1/2/2026
- Added to Site: 16 day(s) ago
Interior
- Appliances: Gas Water Heater
Parking
- Total Spaces: 6
- Parking Features: Private, Detached, Driveway, Garage, Parking Lot
Location
- County: Queens
- Cross Streets: 23rd Ave
- Driving Directions: Google Map
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: Multi Units
- Heating Type: Oil, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Building Size: 3700
- Square Feet: 3,700
- Year Built: 1931
Lot Features
- Lot Size (Sq. Ft.): 5,000
- Lot Features: Near Public Transit, Near School, Near Shops
Financial Considerations
- Tax Amount: $20,207
Disclosures and Reports
- Special Conditions: None
- Property ID: 00804-0048
- Block: 804
- Lot Number: 48
Listed by Prime Realty
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Schools
Schools serving 23-58 38th St
School District:New York City Geographic School District 30
| Name | Grades | Distance |
|---|---|---|
Ps 84 Steinway 22-45 41st St, Queens, NY 11105 | PK-5 | 0.2 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 23-58 38th St
Date
Details
Price
Change
Source
1/02/2026
Listed
$2,499,000
—
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 23-58 38th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,318
5%
$170,548
-59%
2024
$20,208
8%
$414,450
177%
2023
$18,717
10%
$149,712
-71%
2022
$17,010
—
$521,550
25%
2021
$17,010
4%
$417,150
-3%
2020
$16,363
6%
$428,400
20%
2019
$15,508
14%
$356,940
210%
2017
$13,567
—
$115,163
8%
2017
$13,567
-1%
$106,668
—
2016
$13,752
6%
$106,668
6%
2015
$13,001
12%
$100,916
6%
2014
$11,645
6%
$95,643
8%
2013
$11,022
—
$88,587
—
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 23-58 38th St
23-58 38th Street, Long Island City, NY 11105 (MLS# 947439) is a Commercial property. 23-58 38th Street is currently listed for $2,499,000 and was received on January 02, 2026. Want to learn more about 23-58 38th Street? Do you have questions about finding other Commercial real estate for sale in Long Island City? You can browse all Long Island City real estate or contact a Coldwell Banker agent to request more information.

