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25-34 31st St
Astoria, NY 11102
Multifamily Property For Sale
·
16 Units
Investment Highlights
- Modern Institutional-Quality
- Prime Transit Access
- Walkable Retail & Dining Destination
- Fully Occupied Income Stream
- Turnkey Investment Opportunity
Executive Summary
25-34 31st Street presents a rare opportunity to acquire a fully occupied mixed-use asset in the heart of Astoria, one of New York City's most established and supply-constrained rental markets. Constructed in 2016, the property offers institutional-quality construction and a highly efficient income-producing mix of 16 residential units and ground-floor retail. The asset is further enhanced by elevator service, underground parking, glass-wrapped balconies, and a rooftop terrace with unobstructed Manhattan skyline views. Positioned steps from the N/W subway lines, the property benefits from direct connectivity to Midtown Manhattan and immediate access to Astoria's most established retail, dining, and lifestyle corridors. This premier location continues to support strong occupancy, consistent tenant demand, and long-term rental growth. The property's combination of recent construction, mixed-use income, and prime location supports long-term performance and operational efficiency. Supported by stable cash flow and appreciation potential, 25-34 31st Street represents a compelling investment opportunity within one of Queens' most active corridors.
Property Facts
| Price Per Unit | $1,173,040 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.09 AC |
| No. Units | 16 | Building Size | 14,702 SF |
| Property Type | Multifamily | No. Stories | 7 |
| Property Subtype | Apartment | Year Built | 2016 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.54/1,000 SF |
| Zoning | C4-3 - C4 districts are mapped in regional commercial centers that are located outside of the central business districts. | ||
| Price Per Unit | $1,173,040 CAD |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 14,702 SF |
| No. Stories | 7 |
| Year Built | 2016 |
| Parking Ratio | 0.54/1,000 SF |
| Zoning | C4-3 - C4 districts are mapped in regional commercial centers that are located outside of the central business districts. |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Property Taxes
| Parcel Number | 00598-0038 | Improvements Assessment | $1,706,070 CAD |
| Land Assessment | $223,972 CAD | Total Assessment | $1,930,042 CAD |
Property Taxes
Parcel Number
00598-0038
Land Assessment
$223,972 CAD
Improvements Assessment
$1,706,070 CAD
Total Assessment
$1,930,042 CAD
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