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35-34 31st St 900 SF Retail Building Astoria, NY 11106 $1,450,000 ($1,611.11/SF)



Investment Highlights
- Great location in Astoria
- High visibility with heavy foot traffic
- Two bus stops and train station on 31st Street.
Executive Summary
Prime Astoria Investment Opportunity | Mixed-Use Gem Discover the ultimate addition to your real estate portfolio. Situated in the absolute heart of Astoria, this detached mixed-use property at 35-34 31st Street offers an unbeatable combination of high visibility, robust foot traffic, and exceptional versatility. Built in 1920 and structurally solid with classic brick construction, this 2-unit property is a rare find in one of Queens' most sought-after neighborhoods. Property Highlights: Optimal Layout: Featuring two distinct units spanning 1,350 square feet of total building space, maximizing your rental income potential. Finished Basement: Offers valuable extra square footage, ideal for storage, mechanical access, or supplemental operational use. Unmatched Commuter Location: Located just 0.1 miles (less than a 2-minute walk) from the nearest subway station, providing effortless, rapid access to Manhattan. Security: video surveillance cameras, and protective window bars for total peace of mind. Lot & Utilities: Sits on a 2,000 sq. ft. lot (0.05 acres) with a low-maintenance setup. Connected to public water, public sewer, natural gas heating, and standard electricity. Location, Location, Location Positioned right off 35th Avenue, this property commands excellent exposure in a vibrant, high-density residential and commercial hub. Tenants and patrons alike will love the immediate proximity to Astoria’s legendary dining scene, local cafes, shopping, and nightlife. Whether you are looking to execute a long-term buy-and-hold strategy, establish a signature business space, or capitalize on the area's soaring rental demand, this property represents a premier investment canvas.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
900 SF
Building Class
C
Year Built
1920
Price
$1,450,000
Price Per SF
$1,611.11
Tenancy
Single
Building Height
2 Stories
Building FAR
0.41
Lot Size
0.05 AC
Zoning
R5 - R5 - Medium density district with a height limit of 40 feet
Parking
2 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Commuter Rail
- Metro/Subway
- Air Conditioning
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00603-0038 | Improvements Assessment | $24,721 |
| Land Assessment | $8,082 | Total Assessment | $32,803 |
Property Taxes
Parcel Number
00603-0038
Land Assessment
$8,082
Improvements Assessment
$24,721
Total Assessment
$32,803
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35-34 31st St
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