$2,995,000
- 8 Beds
- 8.5 Baths
- 7,158 sqft
2829 35th St, Astoria, NY 11103
Est. Mortgage $18,162/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 81% nearby.
Home Highlights
Single-Family Home
Built in 2015
$418/sqft
Local Information
-- mins to
About this House
Presenting a rare opportunity to acquire a newly constructed eight-family multifamily property in the heart of Astoria, ideally situated just off 30th Avenue and 35th Street. The property consists of eight spacious one-bedroom, one-bathroom residences and offers an attractive combination of current income, operational efficiency, and meaningful future upside.
The building was designed for long-term ownership with a streamlined, low-maintenance operating structure. It benefits from a valuable 15-year 421-a tax abatement in place through 2030, helping to significantly reduce real estate tax expenses and enhance current cash flow. Each apartment is separately metered, with tenants responsible for their own utilities, and all eight units are equipped with brand-new individual hot water tanks.
A significant component of the investment opportunity is the property's rental upside. Current rents provide stable in-place income, while offering the potential for future rent growth and increased gross revenue as leases turn over and rents are adjusted where legally permitted. This creates an opportunity for a new owner to improve the property's income profile over time while benefiting from the existing tax abatement and efficient operating structure.
Located in one of Queens' most desirable and established residential neighborhoods, the property is moments from the restaurants, cafés, shopping, nightlife, and conveniences that have made Astoria one of New York City's most sought-after rental markets. Convenient transportation provides easy access to Manhattan and further supports long-term tenant demand.
With modern construction, eight income-producing units, low operating requirements, rental upside, favorable tax treatment, and a prime Astoria location, this property represents a compelling opportunity for an investor seeking both immediate cash flow and long-term appreciation potential.
The building was designed for long-term ownership with a streamlined, low-maintenance operating structure. It benefits from a valuable 15-year 421-a tax abatement in place through 2030, helping to significantly reduce real estate tax expenses and enhance current cash flow. Each apartment is separately metered, with tenants responsible for their own utilities, and all eight units are equipped with brand-new individual hot water tanks.
A significant component of the investment opportunity is the property's rental upside. Current rents provide stable in-place income, while offering the potential for future rent growth and increased gross revenue as leases turn over and rents are adjusted where legally permitted. This creates an opportunity for a new owner to improve the property's income profile over time while benefiting from the existing tax abatement and efficient operating structure.
Located in one of Queens' most desirable and established residential neighborhoods, the property is moments from the restaurants, cafés, shopping, nightlife, and conveniences that have made Astoria one of New York City's most sought-after rental markets. Convenient transportation provides easy access to Manhattan and further supports long-term tenant demand.
With modern construction, eight income-producing units, low operating requirements, rental upside, favorable tax treatment, and a prime Astoria location, this property represents a compelling opportunity for an investor seeking both immediate cash flow and long-term appreciation potential.
Contact this Building
We estimate this home will sell faster than 81% nearby.
Last check for updates: about 3 hours ago
Listing by: Astoria Realty, (347) 935-7382
Vasilakis Pyrpos
Theodosis Neocli
Source: StreetEasy, MLS#S1844278
Home Details for 2829 35th St
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MLS Status: Active |
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Interior Details Number of Rooms: 35 |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 9Number of Bathrooms (full): 8Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 7158 Square Feet |
Appliances & Utilities Appliances: DishwasherDishwasherLaundry: Inside |
Heating & Cooling No Cooling |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Floors: Hardwood |
View No View |
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Exterior Home Features Patio / Porch: OtherExterior: Balcony |
Parking & Garage No Garage |
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Days on Market: 18 |
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Year Built Year Built: 2015 |
Property Type / Style Property Type: ResidentialProperty Subtype: Rental Unit |
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Price List Price: $2,995,000Price Per Sqft: $418 |
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Direction & Address City: AstoriaCommunity: Astoria |
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Listing Agent Listing ID: S1844278 |
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Building Area Building Area: 7158 Square Feet |
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Has an HOAHOA Fee: No HOA Fee |
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Special Conditions: Resale |
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Mls Number: S1844278Listing Url |
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HOA Amenities: LaundrySTREETEASY Property ID: 366695STREETEASY Building ID: 422001 |
Around this home
What Locals Say about Astoria
At least 2175 Trulia users voted on each feature.
93 % Say there are sidewalks
92 % Say it's walkable to grocery stores
92 % Say it's walkable to restaurants
89 % Say it's dog friendly
82 % Say streets are well-lit
79 % Say people would walk alone at night
61 % Say they plan to stay for at least 5 years
60 % Say there's holiday spirit
58 % Say kids play outside
52 % Say neighbors are friendly
44 % Say it's quiet
41 % Say yards are well-kept
32 % Say there are community events
31 % Say parking is easy
29 % Say car is needed
28 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
Market trends in Astoria
Last updated August 2026
Avg. sale price
$700K
$833MoM
Sale-to-List Price
—
Price per sq ft
$793
$34MoM
Available listings
269
12MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.44 | Single-Family Home | $1,562,000 | 03/11/26 | 18 | 6 | 5,472 | |
0.60 | Single-Family Home | $1,769,000 | 06/16/26 | 5 | 6 | 4,380 | |
0.09 | Single-Family Home | $1,790,000 | 06/22/26 | 3 | 1.5 | 1,800 | |
0.09 | Single-Family Home | $1,790,000 | 07/16/26 | 3 | 1.5 | 1,800 | |
0.70 | Single-Family Home | $1,860,000 | 08/03/26 | 6 | 4 | 2,260 | |
0.19 | Single-Family Home | $1,055,900 | 10/03/25 | 3 | 2 | 640 | |
0.47 | Single-Family Home | $1,935,000 | 12/12/25 | 3 | 2.5 | 2,056 | |
0.61 | Single-Family Home | $1,900,000 | 05/11/26 | 4 | 2 | 3,294 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $2,087,700 | 6 | 3 | - | Off Market | |
0.06 | $2,500,000 | Studio | - | - | Recently Sold | |
0.09 | $1,790,000 | 3 | 1.5 | 1,800 | Recently Sold | |
0.09 | $1,790,000 | 3 | 1.5 | 1,800 | Recently Sold | |
0.10 | $1,485,100 | Studio | 1 | - | Off Market | |
0.10 | $2,079,200 | 4 | 3 | - | Off Market | |
0.11 | $2,475,300 | 6 | 5 | - | Off Market | |
0.11 | $1,685,100 | 6 | 2.5 | - | Off Market | |
0.10 | $2,864,400 | 4 | 3.5 | 4,080 | Off Market | |
0.11 | $1,810,000 | 5 | 2 | 2,820 | Recently Sold | |
0.16 | $720,000 | 1 | 1 | 627 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 31, 2026 Source: StreetEasy #S1844278 | Listed For Sale | $2,995,000 |
May 4, 2026 Source: Zillow Rentals | ListingRemoved | $2,800 |
Apr 27, 2026 Source: Zillow Rentals | Listed For Rent | $2,800 |
Nov 12, 2016 Source: Agent Provided | ListingRemoved | $2,400 |
Apr 29, 2016 Source: Agent Provided | ListingRemoved | $3,200 |
Jan 27, 2015 Source: Agent Provided | ListingRemoved | $2,175 |
Jan 11, 2015 Source: Agent Provided | Listed For Rent | $2,175 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $1,414,000 |
Home facts updated by county records
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Frequently asked questions about 2829 35th St
- What is the estimated monthly payment for 2829 35th St?Based on a $2,995,000 list price with 20% down at today's rates, the estimated monthly payment for 2829 35th St in Astoria, NY is approximately $18,220 (about $15,999 principal & interest, $2,146 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 2829 35th St compare to homes in Astoria?2829 35th St in Astoria, NY is listed at $2,995,000, about 328% above the $700K median sale price in Astoria.
- What do residents say about Astoria?Residents describe Astoria, NY as pedestrian-friendly, walkable to grocery stores, and walkable to restaurants. See homes for sale in Astoria, NY.
- What are the closest schools to 2829 35th St?The closest schools to 2829 35th St in Astoria, NY are Is 10 Horace Greeley (Middle, rated 7/10), Long Island City High School (rated 3/10), Ps 70 (Pre-K/Elementary, rated 4/10).
- Does 2829 35th St have laundry facilities?Yes, 2829 35th St in Astoria, NY has laundry facilities.

