$1,980,000

$2,100,000 5.7%

Est. payment - /mo

6 BD

6 BA

Sold on 01/06/2025

33-10 31st AVE Astoria, NY 11106

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Alex Galvez

Broker | LIC#10491210468

+1(646) 326-3146

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Key Details

Sold Price $1,980,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID KEYL3573533

Sold Date 01/06/25

Style Other

Bedrooms 6

Full Baths 6

Originating Board onekey2

Rental Info No

Year Built 1924

Annual Tax Amount $20,740

Lot Dimensions 19.25x85

Property Description

Rarely available, mixed-use 5 family building located on one of Astoria's main thoroughfares, 31st ave and just a few short blocks from the N train. Discover this fantastic investment opportunity in the heart of Astoria's business district with five free market units and one storefront. This well-maintained property includes four 1-bedroom apartments and one 2-bedroom apartment, all currently occupied on a month-to-month basis. The storefront is occupied, benefiting from the high foot traffic on 31st Ave and bolstered by the Open Streets Astoria initiative, where 31st Ave is closed to motorists for community events every Saturday and Sunday from April 20th to December 31st. 31st Ave is a vibrant artery in the neighborhood, dotted with some of Astoria's trendiest eateries and shops. The building is surrounded by a dynamic blend of small businesses, making it an attractive walkable spot for tenants and customers alike. With its prime location and the added benefit of significant pedestrian traffic, this property offers tremendous upside for savvy investors or for those looking to purchase a building in which to locate their business. Setup available upon request.

Location

State NY

County Queens

Rooms

Basement Full, Unfinished

Interior

Heating Oil, Hot Water

Cooling None

Flooring Hardwood

Fireplace No

Appliance Refrigerator, Electric Water Heater

Exterior

Parking Features None

Fence Back Yard

Garage false

Private Pool No

Building

Lot Description Near Public Transit, Near School, Near Shops

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Brick

Schools

Elementary Schools Ps 166 Henry Gradstein

Middle Schools Albert Shanker Sch-Visual/Perf Arts

High Schools Long Island City High School

School District Queens 30

Others

Senior Community No

Special Listing Condition None

Listed by Compass Greater NY LLC
Bought with Compass Greater NY LLC

GET MORE INFORMATION

Alex Galvez

Broker | LIC#10491210468

+1(646) 326-3146

33-10 31st AVE Astoria, NY 11106

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

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33-10 31st AVE