$2,550,000
5 Bed • 4 Bath
61-36 Cloverdale Blvd
Oakland Gardens, NY 11364
Listed with B Square Realty
$3,595,000
Est. $21,233/moAstoria, NY 11102 · Queens
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Presenting a fantastic opportunity to acquire a well-maintained 12-unit multifamily building located in the highly sought-after neighborhood of Astoria, Queens. Built in 2004, this modern building boasts a desirable mix of 8 one-bedroom apartments and 4 two-bedroom apartments, offering excellent rental demand and consistent income potential, with plenty of upside in the current rental rates due to the possibility of free market lease conversion on lease renewals. The property features a super-low vacancy rate , highlighting its strong appeal to tenants and providing immediate cash flow for investors. Each unit is equipped with separate utilities, ensuring low maintenance costs and minimal management hassle. The building is strategically located in one of Queens' most vibrant areas, known for its diverse culture, thriving dining scene, and easy access to public transportation and Manhattan. This is a prime investment opportunity for both seasoned investors and those looking to break into the thriving Astoria market. With a strong rental history and a solid construction foundation, this property offers long-term value and growth potential with the free market lease conversion plus the installation of laundry facilities. Don’t miss the chance to own a piece of Astoria’s real estate boom!
As reported by the listing office; verify enrollment with the district.
Listed with Astoria Realty Brokerage Svcs · Theodosis Neocli · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 18, 2026, 12:09 PM ET. ©2026 One Key MLS.
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Market Insights
Current Listings
New in the last 30 days
43
Sep 2026
Average Price
Active listings
$1,633,849
Sep 2026
Average Days on Market
Active listings
180 days
Sep 2026
Computed from 269 active OneKey MLS listings in Astoria, NY.