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MLS ID KEY976449Last updated Apr 9, 2026

Multi Family

9701 23rd Avenue

Active · Queens, NY 11369

Asking price$3,500,000Request a Showing
Year built
1931
Est. monthly taxes
$2,776.68
Property gallery0 / 39
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About this home

Exceptional Mixed-Use Investment Opportunity in a Prime Location! Presenting a rare package deal featuring two fully income-producing properties at 97-01 23rd Ave and 97-09 23rd Ave, being sold with paying tenants in place—offering immediate cash flow from day one. 97-01 23rd Ave is a well-maintained mixed-use building spanning approximately 6,000 square feet. The property consists of 1 commercial space and six residential units of 2 bedrooms and 1 bathroom. The residential units are thoughtfully designed to attract and retain long-term tenants, while the commercial spaces provide stable business income. Additional highlights include a 5-car garage and a private driveway, adding both convenience and value. This property generates an annual income of approximately $311,376, with a net income of $224,156 after expenses of $87,220. 97-09 23rd Ave sits on a 40 x 100 lot and features private parking. The commercial space is currently occupied by a hair salon, contributing consistent rental income with potential for future growth. Offered as a package for $3,500,000, this is a turnkey investment opportunity ideal for investors seeking strong returns, tenant stability, and long-term appreciation. Don’t miss the chance to own a high-performing asset in a desirable location.

Listing snapshot

Days on site
59 days
Listed on MLS
Mar 25, 2026
Annual property tax (MLS)
$33,320.12
Tax year
2025
Listing brokerage
SkyLimit Realty Group
MLS ID
KEY976449
Last updated
Apr 9, 2026

General features

Property type
Multi Family
Year built
1931
Parking
None
Water source
Public
Sewer
Public Sewer
Utilities
Electricity Available, Natural Gas Available, Water Available

Interior features

Heating
Hot Water
Cooling
Varies by Unit

Exterior features

Construction materials
Brick

Recent activity

  1. First seen on this site
  2. Listing updated from MLS
  3. MLS status changed

Location

Queens, NY 11369Show interactive map
9701 23rd Avenue

Queens, NY 11369

Google Maps directions

Listing data is supplied by the MLS and may change without notice.