20-39 49th Street

Prime Investment Opportunity – Legal Three-Family in Ditmars, Astoria This rarely available 22-foot-wide legal three-family brick home offers over 3,500 sq. ft. of living space, multiple private outdoor areas, and the everyday convenience of a private driveway and large garage—a major advantage in Ditmars. What truly sets this property apart is the exceptionally rare opportunity to live in a full-floor, generously scaled 3-bedroom, 2-bath residence while benefiting from two additional income-producing units. The top-floor home features oversized bedrooms, including a primary suite with an en-suite bath, expansive living and dining rooms, an eat-in kitchen with stainless steel appliances, and multiple outdoor spaces, including a balcony, terrace, and direct backyard access—an ideal setup for an owner seeking comfort, space, and privacy. The second-floor 2BR/1BA and ground-floor 1BR/1BA apartments both offer generous layouts, great natural light, and strong rental appeal, enhancing the property’s long-term value. Additional highlights include private entrances for each unit, through-the-wall A/C, and efficient baseboard heating. Located near top schools, parks, cafés, restaurants, and transportation, this home combines the rarity of a true legal three-family with the unique advantage of a spacious, desirable owner’s unit—an exceptional opportunity in one of Astoria’s most sought-after neighborhoods.