Welcome to 30-51 14th street, Exceptional 5-Family Investment Opportunity with Double Parking Garage in Prime Astoria.

Exceptional free-market 5-family brick building with rare double parking garage, finished basement, and outdoor space in the heart of Astoria. Built in 1990 on a 25' x 95' lot, the property offers five spacious 1-bedroom units (approx. 600 sq ft each) with private balconies; the ground-floor unit includes a large backyard.

Current gross annual income is $136,500 with significant upside—average rents of $2,055/month are well below market. No rent-stabilized units and no leases allow for immediate rent increases or upgrades.

The building is in excellent condition, with minimal maintenance needed. The double garage is a rare amenity in Astoria, boosting appeal and potential income. Located in one of NYC’s most desirable rental markets, close to top dining, parks, and multiple subway lines, this is a high-performing, flexible asset with strong income now and room for growth.