24-56 29TH Street, New York City, NY 11102
Listing Courtesy of Corcoran Group
$1,395,000
Potential Rebate: $20,925
Overview
Presenting an exceptional investment opportunity in the heart of Astoria, New York: 2456 29th Street. This substantial multifamily property boasts 12 bedrooms and 6 bathrooms, encompassing a generous 4,950 square feet of living space. Ideally situated in a prime Astoria location, this semi-detached, six-family residence offers significant live-in plus income potential, making it an attractive proposition for both investors and owner-occupiers.<br> The property includes one vacant free-market unit, providing immediate flexibility for new owners to either occupy or lease at market rates. Its strategic location is enhanced by proximity to major transportation hubs, including the Astoria Blvd. and Ditmars Blvd. N/W Stations, facilitating seamless connectivity to the rest of New York City.<br> Residents will appreciate the convenience of being across the street from Hoyt Playground, offering recreational opportunities just steps away. Additionally, the renowned Astoria Park is within easy reach, providing expansive green spaces and leisure activities for all ages.<br> Astoria's vibrant community, rich cultural offerings, and diverse dining options further enhance the appeal of this property. Whether you are seeking a robust investment or a place to call home with the added benefit of rental income, 2456 29th Street presents a compelling choice.<br> This property is available for sale and represents a rare opportunity to secure a substantial asset in one of New York City's most desirable neighborhoods. For a comprehensive setup and offering memorandum or to schedule a private tour, please reach out via email.
Home Features
- •Ductless
- •In Unit
- •Private Outdoor Space Over 60 Sqft
- •Smoke Free
Estimated Monthly Payment
$8,893 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$20,925
Monthly savings impact
$58/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20061984
Price Analysis
Compare average listing prices and value metrics for 24-56 29TH Street against the surrounding Ditmars Steinway market.
Average List Price
Price Per SqFt
13.52% Lower
than the Ditmars Steinway price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Ditmars Steinway
The Quiet, Family-Friendly Side of Astoria
Ditmars Steinway is the northern section of Astoria, generally defined as the area north of the Grand Central Parkway and east of Steinway Street. While often grouped with Astoria, it has a distinct, quieter character. It is a neighborhood of low-rise homes, tree-lined blocks, and a strong sense of community, anchored by the bustling Ditmars Boulevard commercial strip.
Real Estate & Housing Market
The housing stock here is diverse but lower-density than central Astoria. You will find extensive rows of brick two-family houses, semi-detached homes, and small pre-war apartment buildings. It is highly sought after by those who want the Astoria vibe but with more space and easier parking. Prices reflect the high demand for this "best of both worlds" location.
Lifestyle & Community
Ditmars Steinway feels more settled and residential. It is popular with young families and long-time residents. Ditmars Boulevard is a fantastic main street, lined with Greek tavernas, trendy cafes, and boutiques. It is lively without being chaotic, offering a sophisticated but approachable nightlife and dining scene.
Transportation & Accessibility
The neighborhood is served by the last stop on the N and W trains at Ditmars Blvd. This guarantees a seat during the morning commute. The Q69 and Q101 buses run through the area. It is also close to the Grand Central Parkway for drivers, though street parking can still be competitive.
Parks, Schools & Amenities
Being adjacent to Astoria Park is a massive perk. Residents have easy access to the pool, track, and river views. The neighborhood has excellent shopping options, from traditional butchers to modern organic markets. Schools are well-regarded and within walking distance.
Who This Neighborhood Is Best For
Ditmars Steinway is best for professionals and families who want the culture and convenience of Astoria but prefer a quieter, more residential streetscape.
