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Investment Highlights

  • Delivered vacant with high-end turnkey food and beverage build-out.
  • Located on a bustling retail corridor, just off 30th Avenue subway station.
  • Highly desirable 2nd generation restaurant space ready for re-tenanting or owner occupancy.

Executive Summary

Lee & Associates NYC is pleased to present exclusively for sale the retail building located at 28-50 31st Street, Astoria, New York 11102 (the “Property”). Spanning approximately 2,000 square feet on the ground (retractable roof in the rear), with a 1,200 square foot cellar and 1,200 square foot second floor, the Property will be delivered vacant. The Property represents the opportunity to acquire a fully built-out retail building in the heart of Astoria, one of Queens’ most vibrant submarkets. With an existing food and beverage build-out, an investor could capitalize on the popularity of 2nd generation restaurant space or an owner-user could occupy the space to introduce their concept to a captive audience.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,400 SF
Building Class
C
Year Built/Renovated
1928/2007
Price
$3,836,000 CAD
Price Per SF
$1,598.33 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.20
Lot Size
0.05 AC
Zoning
C4-4A / R7A equiv. - C4 districts are mapped in regional commercial centers that are located outside of the central business districts.
Frontage
20’ on 31st Street

Amenities

  • Bus Line
  • Commuter Rail
  • Metro/Subway
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Nearby Major Retailers

Starbucks
Flushing Bank
Jpmorgan Chase & And Co
Webster Bank
Bareburger
Flagstar Bank N.A.
RBC Royal Bank
Bank of America
Wells Fargo Home Mortgage
New York Sports Club

Property Taxes

Property Taxes

Parcel Number
00595-0034
Land Assessment
$122,023 CAD
Improvements Assessment
$340,539 CAD
Total Assessment
$462,563 CAD
  • Listing ID: 39561248

  • Date on Market: 2026-02-24

  • Last Updated:

  • Address: 2850 31st St, Astoria, NY 11102

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