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40-12-25 Avenue 1, Astoria, NY, 11103

5beds
5baths
0sqft
$2,100,000
--price/sqft
$12,731/moest. monthly cost
$509,240/yrincome needed

About This Home

✨ Entire 3-Family Building for Sale – Prime Astoria | Strong Income Potential ✨ Full walkthrough video roof, backyard, meters, all apartments! Available on request! Welcome to 40-12 25th Avenue, a well-maintained three-family property ideally located in the heart of South Astoria—one of Queens’ most sought-after and rapidly growing neighborhoods. This is a sale of the entire 3-family building — not an individual unit. Delivered as a multi-family asset, it is ideal for investors seeking steady rental income or end-users looking to offset ownership costs. Situated on a 25 ft x 80 ft lot with approximately 2,720 square feet of interior space, this two-story building offers three residential units and strong long-term upside. Built in 1925 and zoned R5, the property sits on a quiet residential block while remaining conveniently close to transportation, shopping, dining, and all that makes Astoria a top-tier rental market. ✅ Property Highlights: ✔ Three-family layout (C0 classification) ✔ Approx. 2,720 SF interior on a 2,000 SF lot ✔ 25 ft x 80 ft lot dimensions ✔ R5 zoning – long-term upside potential ✔ Low annual property taxes (~$12,385) ✔ Close proximity to transportation, parks, and dining This is a rare opportunity to acquire a multi-family asset in a high-demand rental market with strong appreciation potential. Perfect for investors, 1031 exchange buyers, or end-users seeking additional income. Opportunities like this in Astoria are limited—schedule your private showing today and secure a high-performing asset in one of Queens’ most competitive rental markets. ☎ Reach out now for full financials and to discuss the potential this property offers.

Getting Around

98
WalkingWalker's Paradise
0
TransitVery Limited Transit
66
BikeBikeable

Schools

5/10
Ps 70Grades PK-50.4 mi
6/10
Is 10 Horace GreeleyGrades 6-80.6 mi

Construction

Condition

  • Year built: 1925

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 0

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Courtyard,Garden
  • Has view: Yes
  • View description: City,Garden

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
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

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

MonthlyAnnual
Mortgage $10,618$127,416
Home Insurance *$555$6,660
Property Taxes $1,312$15,744
Electricity $246$2,954
Total$12,731$152,772
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$436,491/yr
40% on housing$381,930/yr
45% on housing$339,493/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

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.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 11103$827
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11103$1,257
Queens County$600

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)

Price History

DateEventPrice
2026-05-04Listed for sale$2,100,000
2024-09-27Listing removed$1,850,000
2024-09-23Listed for sale$1,850,000

For Sale by Agent

AgentThe Leasing Office
BrokerageThe Leasing Office

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