Prime Astoria Investment Opportunity | Mixed-Use GemDiscover 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, LocationPositioned 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.
| MLS # | 1009698 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 93 |
| Listing Provided By | Orion Homes Realty LLC | Frederic Sandy |
| SQ Feet | 1,350 |
|---|---|
| Basement | Y |
| Units | 2 |
| Acreage | 0.05 |
| Cooling | None |
|---|---|
| Heating | Natural Gas |
| Appliances | Refrigerator |
| Security Features | Security System, Video Cameras, Window Bars |
|---|---|
| Construction Materials | Brick |
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2024 |
|---|---|
| Tax Assessed Value | 48480 |
| Tax Annual Amount | 5872.28 |
| State | NY |
|---|---|
| County | Queens |
| City | Astoria |
| Zip Code | 11106 |
| School District | Long Island City High School |
| Elementary School | Ps 166 Henry Gradstein |
| High School | Long Island City High School |
| Listing VS Median (in 11106) | |
Price: $1,399,000 low | high Med: $1,155,000 sqft: 1,350 low | high Med: 1,661 $ / sqft: $1,036 low | high Med: $799 On site: 93 low | high Med: 80 | |
| State | NY |
|---|---|
| County | Queens |
| City | Astoria |
| Zip Code | 11106 |
| School District | Long Island City High School |
| Elementary School | Ps 166 Henry Gradstein |
| High School | Long Island City High School |
| Listing VS Median (in 11106) | |
Price: $1,399,000 low | high Med: $1,155,000 sqft: 1,350 low | high Med: 1,661 $ / sqft: $1,036 low | high Med: $799 On site: 93 low | high Med: 80 | |