Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,550,000

· Closed August 23, 2019

12-18 27th Avenue
Looking for something similar?

$1,550,000

$595 per sq ft

12-18 27th Avenue

Astoria, Queens

MLS® #RLS10560205

RLS at REBNY

Listing by Compass

6

Bedrooms

3

Baths

2,605

Sq. Ft.

1991

Year Built

Quick Summary

Bedrooms 6
Bathrooms 3
Living Area 2,605 sq ft
Year Built 1991
Neighborhood Astoria

Property Highlights

  • Outdoor Space: Building Terrace, Terrace, Balcony

Property Details

Type Single Family Residence
Total Rooms 12
Baths 3 Full
Pets Yes
Cross Street 12th Street/14th Street
Year Built 1991
Living Area 2,605 sq ft
Block/Lot 511/29

Description

GREAT INVESTMENT OPPORTUNITY IN ASTORIA!!!
CURRENT CAP RATE of 3.4% AT BELOW MARKET RENTS. 4.5% CAP WITH CURRENT MARKET RENTS.
12-18 27th Avenue sits on the South West corner of 27th Avenue and 14th Street in a quiet and beautifully maintained residential area of Astoria. The lot measures 25? x 98? with a lot size of 1,861 sq.ft. The building?s dimensions measure 23? x 37?. This 3-story multi-family building is comprised of 3 individual units with 2 bed/1 bath layouts totaling 2,607 sq.ft and a very large 869 sq.ft basement with 12? high ceilings. The second and third floor units have a balcony and additionally there are also 2 parking spaces on the property which are currently being rented out. The building has a resident manager and tenants in place with their leases ending in December 2019.
The building is conveniently located close to many public transportation options including the Astoria Boulevard and 30 Avenue N/W subway stations and several major bus lines along Astoria Boulevard, 21st Street, 30th Avenue, Vernon Boulevard and Hoyt Avenue. The building also affords easy access to the Grand Central Parkway, Brooklyn Queens Expressway, Long Island Expressway, Ed Koch Queensboro Bridge and the Robert F. Kennedy Bridge.
The building is within immediate access to the bustling neighborhood and its many shops and restaurants as well as beautiful Astoria Park with its wonderful facilities which include a popular public pool, tennis courts, basketball courts, skate park and children?s playgrounds. Randalls Island and its many facilities are a short 15-mintues drive as well as Costco in Long Island City, a short 10-minute drive.
**Compass Coming Soons are simultaneously syndicated to the RLS

Features & Amenities

Exterior Features

Balcony Building Terrace Terrace Balcony

Building Information

Stories 3

Astoria is one of New York City’s most beloved neighborhoods, famous for its incredible international food scene and relaxed atmosphere. The real estate market offers excellent value, featuring a blend of traditional multi-family brick houses, pre-war cooperatives, and a growing number of sleek new construction condominiums. With its stunning waterfront park and quick commute to Manhattan, Astoria is a top choice for those seeking a balanced urban lifestyle.

Astoria Live Market Data

View Neighborhood

Active Listings

74

Median Asking Price

$725K

Median $/Sqft

$1,059

Avg Days on Market

N/A

New This Week

6

Price Reduced

22%

Sold (30 Days)

9

Median Sale Price

$740K

Live data from RLS at REBNY • Updated 3/25/26, 6:28 PM EST

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Location

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12-18 27th Avenue, Astoria, Queens County • Near 12th Street/14th Street

MLS® ID: RLS10560205
First Listed: 6/11/2019
Closed: 8/23/2019
Contract Date: 6/11/2019

Listing Courtesy of Compass - Brandon Trentham

Listing Contact: (917) 573-6210

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

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RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/25/2026 at 10:28 PM UTC

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