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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
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
Property Taxes
| Parcel Number | 00595-0034 | Improvements Assessment | $340,539 CAD |
| Land Assessment | $122,023 CAD | Total Assessment | $462,563 CAD |
Property Taxes
Parcel Number
00595-0034
Land Assessment
$122,023 CAD
Improvements Assessment
$340,539 CAD
Total Assessment
$462,563 CAD
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2850 31st St
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