35-34 31st St - Storefront Retail/Residential FOR SALE


Astoria, NY 11106- Downtown Astoria
$1,450,000 USD
718-825-1940
35-34 31st St, Astoria, NY for Sale
$1,450,000 USD
Storefront Retail/Residential - FOR SALE
1/18
null | Request Cap Rate

35-34 31st St
Astoria, NY 11106
Downtown Astoria


HIGHLIGHTS

  • Great location in Astoria
  • Two bus stops and train station on 31st Street.
  • High visibility with heavy foot traffic

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$1,611 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R5

APN/PARCEL ID

00603-0038

ASK ABOUT THIS PROPERTY

Frederic SandyOrion Homes Realty LLCMore Info
718-825-1940

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Frederic SandyOrion Homes Realty LLCMore Info
718-825-1940

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.