Property Description

34-24 34th St., Astoria, NY 11106Turnkey Opportunity | Two-Family | Prime Astoria Location | Large Backyard - DELIVERED VACANTThis is the kind of opportunity that doesn't sit long.Positioned on a quiet, well-connected block in the heart of Astoria, this legal two-family home delivers the flexibility today's buyers are looking for-live in one unit, rent the other, or maximize returns as a full investment property. Set on an oversized lot for the area, the standout feature is the deep, fenced-in backyard-a rare find in Queens-offering real outdoor living space for entertaining, pets, or future value-add potential. There is approximately 1300 sq ft left on the buildable.Inside, both units feature practical, desirable layouts:First Floor: 2 bedrooms, renovated bathroom, living room, and direct yard accessSecond Floor: 2 bedrooms + bonus room, spacious living area, updated kitchen, and a full bathBonus details: Decorative fireplace, solid room proportions, and strong natural light throughoutThe updated kitchen includes stainless steel appliances, solid-surface countertops, and ample cabinetry-exactly what today's renters and buyers expect. The home retains classic prewar details like crown molding and decorative tin ceilings, giving it character that stands out from newer inventory.Downstairs, a full basement opens the door to additional storage, workspace, or the potential to duplex with the first unit (consult architect), adding long-term upside.Why this property works in today's market:Income-generating from day oneIdeal for house-hackers and 1031 buyersStrong rental demand in AstoriaValue-add potential without a full gut renovationClose proximity to dining, nightlife, and transitAstoria continues to outperform as one of Queens' most desirable neighborhoods, making this a smart buy whether you're building equity or expanding a portfolio.Opportunities with this level of flexibility-and outdoor space-are rare. Act quickly.

Property Features