34-31 31st Street, Astoria, NY 11106

$1,600,000
List Price
$1,600,000
Status
ACTIVE
MLS#
12021591
Year Built
1920

Property Description

Landair Advisors has been exclusively retained to sell 34-31 31st Street, Astoria, NY 11106. The offering is a 3-family building totaling ~2,300 SF on a ~1,140 SF lot (25' x 60'), with a low annual tax bill of $6,415, providing investors with efficient operating expenses. The property sits just 0.2 miles from both the Broadway and 36th Avenue N/W subway stations, providing quick, direct access to Manhattan. The surrounding neighborhood features active retail corridors, consistent residential demand, and a growing concentration of new development that continues to strengthen the market. This offering presents a rare opportunity to acquire a centrally located multifamily asset in the heart of Astoria. With low operating costs, strong transit access, and upside through reconfiguration, the property is well-positioned for stable income and long-term growth

Additional Information

Basement
0

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Listing courtesy of Dean Abouelhassan with Landair Property Advisors, LLC