Positioned in the heart of Astoria’s vibrant 31st Street corridor, the 31st Street Development Assemblage offers a rare opportunity to acquire a prime mixed-use development site with significant upside. Comprising two tax lots totaling approximately 3,756 square feet, the site is zoned C4-3 (R6 equivalent) and allows for up to 14,648 buildable square feet as-of-right under the Inclusionary Housing Program, or up to 18,029 square feet for community facility use. Currently leased for parking through November 2025, the property will be delivered vacant, providing a clean slate for developers to capitalize on one of Queens’ most dynamic neighborhoods. Located between Newtown Avenue and 28th Avenue, the site benefits from exceptional visibility and foot traffic along one of Astoria’s busiest commercial corridors. The property is within walking distance of the N and W subway lines at both Astoria Boulevard and 30th Avenue stations, offering a direct 15-minute commute to Midtown Manhattan. Surrounded by a thriving mix of residential density, national retailers, and local institutions, the assemblage is ideally suited for boutique residential, mixed-use, or community facility development. Astoria continues to attract residents and investors alike with its blend of cultural heritage, creative energy, and green space. With a 1-mile population exceeding 140,000 and average household incomes over $124,000, the area supports strong long-term demand for housing and retail. This assemblage represents a compelling opportunity to shape the next chapter of growth in one of New York City’s most beloved and resilient neighborhoods.