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24-41 31st St 26,280 SF Retail Building Astoria, NY 11102 $33,100,000 ($1,259.51/SF)
INVESTMENT HIGHLIGHTS
- Adjacent to the Astoria Blvd N & W elevated subway station, Manhattan and Brooklyn can be reached in minutes.
- Corner location and block-though lot offers developers both prominence and utility in possible building designs.
- Central Astoria location affords ease of access to everything the neighborhood has to offer.
- Nearby Grand Central Parkway allows fast access to both Manhattan and LaGuardia Airport by car.
- Large as-of-right buildable square footage uncommon among new construction Astoria sites.
EXECUTIVE SUMMARY
Modern Spaces Commercial + Investment Division has been exclusively retained to arrange for the sale of an exceptional development site located at 24-41 31st Street, Astoria, New York, 11102. Located on the northeast corner of 31st Street and 24th Road offers developers a unique opportunity to build 149,733 square feet of mixed use space on a site that has frontage on three blocks and offers excellent access to the adjacent N & W subway station as well as the Grand Central Parkway.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
26,280 SF
Building Class
C
Year Built
1961
Price
$33,100,000
Price Per SF
$1,259.51
Tenancy
Single
Building Height
1 Story
Building FAR
0.62
Lot Size
0.98 AC
Zoning
R5 - C4-5X / C4-4 / R5B, As-of-Right Buildable Square Feet: 149,733.
Parking
53 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (83)
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00837-0027 | Improvements Assessment | $1,713,150 |
| Land Assessment | $661,500 | Total Assessment | $2,374,650 |
PROPERTY TAXES
Parcel Number
00837-0027
Land Assessment
$661,500
Improvements Assessment
$1,713,150
Total Assessment
$2,374,650
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24-41 31st St
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