26-31 3rd St #2, Astoria, NY, 11102
About This Home
Upside Upside !!!! GROSS INCOME $755,592 TAX ABATEMENT THRU 2059 :Welcome to 2631 3rd St Astoria, NY 11102 A High Demand luxury Rental Market With easy Travels to Manhattan And the outer Boroughs. :Surrounded By New Luxury High rise Rentals & Luxury Condo developments . :This Asset presents a Great opportunity to acquire a newly constructed Luxury Rental building with Great tax incentives and long-term upside WITH PLENTY OF ROOM TO GROW ON 11 FREE MARKET UNITS . :This Five -story elevator property features 16 residential units—ranging from studios , 1 bedrooms & two-bedrooms All Built With Modern Standards And Condo Finishes , :Tenants are Responsible For All Utilities , :Building Features a 4915 SQ Ft Community Facility Delivered Vacant Giving The New Owner Flexibility In Pricing . :The building benefits from 421a tax abatement through 2059 offering significant savings and enhanced investment returns. :Located in a rapidly evolving neighborhood Of Halets Cove , the property is surrounded by new developments and offers seamless access to Manhattan, Brooklyn, and other parts of Queens via the N, W, and the NY FERRY or Bus service Also Located just a Minute Away . :This asset is ideal for investors seeking a Strong income stream with Great future upside.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Roof: Roof Rights
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 16
- Bathrooms: 16
- Full bathrooms: 16
Cooling
- Cooling features: Central Air
Features
- Flooring: Hardwood
Interior Area
- Total structure area: 27,730
- Total interior livable area: 27,730 sqft
Property
Accessibility
- Accessibility features: Wheelchair Access
Details
- Special condition: Resale
Features
- Patio & porch: Other,Terrace,Deck
- Exterior features: Courtyard,Balcony,Garden,Private Roof Deck,Terrace
- Has view: Yes
- View description: City,Skyline,Water
- Has water view: Yes
- Water view: Water
Parking
- Parking features: Garage
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Coastal Flooding
- Cold Wave
- Inland Flooding
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Queens County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $63,206 | $758,472 |
| Home Insurance * | $2,299 | $27,588 |
| Property Taxes | $7,812 | $93,744 |
| Electricity | $4,582 | $54,991 |
| Total | $77,899 | $934,788 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Price change | $2,800 |
| 2026-05-09 | Listed for rent | $2,850 |
| 2026-04-30 | Price change | $12,500,000 |
| 2026-04-09 | Listing removed | $2,900 |
| 2026-03-21 | Price change | $2,900 |
| 2026-03-15 | Price change | $3,000 |
| 2026-03-13 | Listed for sale | $13,500,000 |
| 2026-03-12 | Listed for rent | $2,900 |
| 2025-03-03 | Listing removed | $2,800 |
| 2025-02-18 | Listed for rent | $2,800 |
| 2024-09-19 | Listing removed | $2,450 |
| 2024-09-17 | Listed for rent | $2,450 |
| 2024-02-09 | Listing removed | -- |
| 2024-01-17 | Price change | $4,200 |
| 2024-01-04 | Listed for rent | $4,000 |
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