32-87 38th Street, Astoria, New York, 11103
$1,688,000
5
Beds
4
Bathrooms
2,576
Building Sqft
0.06
Acres
2,499
Lot Sqft
About 32-87 38th Street
Investor-friendly 3-family brick home in prime Astoria / Long Island City border, situated on a 25′ x 100′ lot and featuring 5 total bedrooms across 3 rental units, with one unit currently vacant and potential for full vacancy. Ideal for investors or owner-occupants seeking strong rental income and flexibility. Includes hardwood and tile flooring, gas heat with radiator system, partially finished basement, and a fenced backyard with patio. Zoned R5 with an FAR of 1.05 (max 1.25), offering potential for minor expansion. Located near Northern Boulevard, Steinway Street, M and R subway lines, and the Kaufman Arts District, this property offers solid long-term upside in a high-demand area.
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