NY > Queens > Astoria
Queens, NY 11102,11-46 WELLING Court
Queens, NY 11102,11-46 WELLING Court
Queens, NY 11102,11-46 WELLING Court
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Listing Courtesy of Corcoran Group
$2,098,000
Est. payment /mo
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11 Beds
7 Baths
4,425 SqFt
Active

11-46 WELLING Court Queens, NY 11102

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Anthony Guerriero

Anthony Guerriero

+1(646) 376-8752

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,425 sqft

Price per Sqft $474

Subdivision Astoria

MLS Listing ID RLS20029456

Bedrooms 11

HOA Y/N No

Year Built 1990

Annual Tax Amount $31,296

Property Sub-Type Multi Family

Property Description

11-46 Welling Court Astoria, Queens
Free Market Six-Family + 2 Parking Spaces One Unit Delivered Vacant Backyard + Value-Add Upside

Investment Overview:
11-46 Welling Court presents a rare opportunity to acquire a fully free-market six-family building in the heart of Old Astoria. Built in 1990 and spanning approximately 4,425 SF across three stories, the property features six residential units, two on-site parking spaces, and a large, private backyard-with one 2-bedroom unit (and one parking space) delivered vacant at closing.

Investment Highlights:
-All Free Market Units - No rent stabilization or control.
-Delivered Vacant Unit - Includes one parking space. Perfect for live-plus-income buyers or immediate leasing.
-Private Backyard - Expansive rear yard accessible to select units; potential for shared outdoor space or exclusive-use rental premium.
-Strong in-place income with projected upside potential through upgrades and full lease-up.
-Two On-Site Parking Spaces - One leased, one delivered vacant.
-Multiple Value-Add Plays -
-Install income-generating storage cages
-Add laundry room or shared amenities
-Upgrade roof deck for tenant enjoyment
-Renovate interiors for stronger rental premiums
-Efficient Layout - Two apartments per floor (front and rear). Several units with outdoor access.
-Zoning - R4-1 Built FAR: 1.65 Lot: 2,685 SF (buyer to confirm development rights).
-Low Operating Expenses - Mostly separately metered utilities, low-maintenance layout.

Location:
Ideally located in Old Astoria, just blocks from Socrates Sculpture Park, the NYC Ferry, local shops, parks, and an increasingly vibrant restaurant scene.

Location

State NY

County Queens

Rooms

Basement Other

Interior

Interior Features Smoke Free

Cooling Other

Fireplace No

Laundry In Unit

Exterior

Exterior Feature Private Outdoor Space Over 60 Sqft

Parking Features Assigned, Garage

Garage Spaces 2.0

Garage Description 2.0

View Y/N No

View Other

Porch Terrace

Private Pool No

Building

Dwelling Type Townhouse

Story 3

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $2, 608

Special Listing Condition Standard

Pets Allowed Building Yes, No

REBNY IDX
RLS Data display by Manhattan Miami Real Estate

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agent

Anthony Guerriero

Broker

+1(646) 376-8752

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11-46 WELLING Court

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