11-46 Welling Court 6UNITS
Listing Notes
Prime Astoria Investment Opportunity | Completely Free-Market Six-Family Building with Two Driveway Parking Spaces, Renovated Residences, Private Balconies, and Easy Access to the Astoria Ferry A rare investment opportunity in Astoria, 11-46 Welling Court is a legal six-family building built in 1990 and operated as a free-market property since day one with NO HISTORY OF RENT STABILIZATION. The property also includes two highly desirable driveway parking spaces, adding convenience and additional value for owners and residents alike. Two of the residences feature open-concept living and kitchen layouts ideal for everyday living and entertaining. Large quartz-topped islands separate the kitchen from the living space while adding counter space, storage, and seating. The renovated kitchens include stainless steel appliances (dishwashers, microwave/range hoods), tile backsplashes, and ample cabinetry. Bedrooms are generously sized with double-width closets, and select bedrooms open onto private balconies. Other features include hardwood floors, extra storage, coat closets, and updated intercom systems. Upside potential with an underutilized basement. Can be converted into storage rooms for additional income or duplexed with the first floor apartments. Two units can be delivered vacant. Ideally located in Old Astoria, the property is moments from the Astoria waterfront and NYC Ferry, with convenient access to Manhattan, Roosevelt Island, Long Island City, and Brooklyn. Astoria Park, Socrates Sculpture Park, The Noguchi Museum, and the neighborhood's celebrated restaurants, cafes, shops, and nightlife are all nearby, while the N/W trains provide additional access throughout New York City. Please inquire for a step-up.
Price in context
Cheaper than 12% of the 16 homes listed nearby right now, which run $1,100,000 to $1,995,000.
See all 16 nearby listings
| Address | Asking | Size |
|---|---|---|
| 31-65 14th Street PHB | $1,100,000 | 2 bd · 1 ba |
| 30-55 Vernon Boulevard 3M | $1,195,000 | 2 bd · 2 ba |
| 30-55 Vernon Boulevard 2A | $1,195,000 | 2 bd · 2 ba |
| 11-29 30th Road 1 | $1,248,000 | 6 bd · 3 ba |
| 31-16 21st Street PH2D | $1,250,000 | 2 bd · 2 ba |
| 31-16 21st Street PH2D | $1,250,000 | 2 bd · 2 ba |
| 26-24 18th Street 1 | $1,298,000 | 12 bd · 6 ba |
| 11-24 31st Avenue 15E | $1,299,000 | 2 bd · 2 ba |
| 30-55 Vernon Boulevard 3K | $1,335,000 | 2 bd · 2 ba |
| 3-08 26th Avenue 1 | $1,449,000 | 4 bd · 2 ba |
| 30-55 Vernon Boulevard 2K | $1,475,000 | 2 bd · 2 ba |
| 14-35 Broadway PH8A | $1,495,000 | 2 bd · 2 ba |
| 30-55 Vernon Boulevard 7M | $1,525,000 | 2 bd · 2 ba |
| 30-55 Vernon Boulevard PHB | $1,875,000 | 3 bd · 2 ba |
| 30-55 Vernon Boulevard PHA | $1,995,000 | 3 bd · 3 ba |
| 30-51 14th Street MULTI-FAMILY | $1,995,000 | 5 bd · 5 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more
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