The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

36-26 11th Street

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36-26 11th Street is configured as a fully renovated two-family property with additional basement office space and expansive outdoor parking capacity.

The first floor consists of a 2-bedroom, 1 bathroom apartment. The second floor contains a 3-bedroom, 1 bathroom apartment. The finished basement currently operates as office space, creating additional live-work flexibility for ownership or tenants.

2017 Full Gut Renovation Included:

  • Mechanical systems
  • Plumbing
  • Electrical
  • Interior apartment renovations
  • Exterior concrete improvements

The roof is approximately 12 years old and mechanical systems are approximately 7 years old. Each residential unit maintains separate utilities and separate boilers, minimizing operational inefficiencies and improving expense controls.

The site’s defining feature is the 8-car private driveway and rear parking area. This level of parking capacity is exceptionally rare within Astoria and materially increases usability for contractors, service businesses, logistics operators, and owner users requiring storage and fleet access.

The existing residential use remains grandfathered under current M1-1 zoning, allowing continued multifamily operation while preserving future redevelopment flexibility.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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