Home Details for 40-09 23rd Avenue

Investor Opportunity – High-Income Legal Two-Family | Prime Astoria- 1031 Exchange Eligible Turnkey legal two-family property located just two subway stops from Manhattan, in one of NYC’s strongest short-term rental markets. Both units are currently operating as high-performing short-term rentals, generating consistent income in a high-demand location. Income documentation available upon request for qualified buyers. "Offer Accepted" The property features two fully renovated two-bedroom apartments, each designed with modern finishes, sun-filled layouts, and strong rental appeal: First-floor unit with front and rear patios Second-floor unit with front balcony and private rear terrace Additional highlights include: - Gourmet kitchens with Quartz countertops & premium appliances - Spacious living areas with abundant natural light - Finished basement with half bath for added flexibility - Excellent overall condition (recently updated interiors) Located near Steinway and Ditmars dining, shopping, nightlife, and major transit options—making it highly attractive for both short-term and long-term tenants. The property is actively operated as a short-term rental with guests in residence. Showings are coordinated following accepted offers. Serious investors are encouraged to review the virtual tour and request financials prior to submitting. 1031 exchange eligible. A rare opportunity to acquire a cash-flowing asset in a prime Astoria location.

• House Interior

  • Eat-in Kitchen
  • Entrance Foyer
  • High Speed Internet
  • Kitchen Island
  • Open Floorplan
  • Recessed Lighting
  • Walk-In Closet(s)

• Utilities

  • Natural Gas Available
  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Water Connected

• Heating Information

  • Baseboard
  • Electric

• Parking

  • No Garage
  • None

• Cooling Information

  • Wall/Window Unit(s)

• Water Features

  • Public

• Basement

  • Finished