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3803 31st St
Long Island City, NY 11101
Multifamily Property For Sale
·
10 Units
Executive Summary
Brand new for 2025, this mixed-use building in the
heart of Long Island City features 9 residential
units and 1 commercial store. The residential
layout includes eight well-designed 1-bedroom
units and one spacious duplex unit with private
yard access. Residents will enjoy outdoor
balconies at the rear of the building, offering
added comfort and appeal. The property also
benefits from a 421-a tax abatement for 35 years,
making it an excellent long-term investment in a
prime location
heart of Long Island City features 9 residential
units and 1 commercial store. The residential
layout includes eight well-designed 1-bedroom
units and one spacious duplex unit with private
yard access. Residents will enjoy outdoor
balconies at the rear of the building, offering
added comfort and appeal. The property also
benefits from a 421-a tax abatement for 35 years,
making it an excellent long-term investment in a
prime location
Property Facts
| Price Per Unit | $833,034 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 10 | Building Size | 7,120 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 2022 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | M12/R6A - M1-2/R6A zoning refers to a Special Mixed Use Distric | ||
| Price Per Unit | $833,034 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 7,120 SF |
| No. Stories | 5 |
| Year Built | 2022 |
| Opportunity Zone |
Yes |
| Zoning | M12/R6A - M1-2/R6A zoning refers to a Special Mixed Use Distric |
Amenities
Unit Amenities
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
Property Taxes
| Parcel Number | 00382-0015 | Improvements Assessment | $912,095 CAD |
| Land Assessment | $235,854 CAD | Total Assessment | $1,147,949 CAD |
Property Taxes
Parcel Number
00382-0015
Land Assessment
$235,854 CAD
Improvements Assessment
$912,095 CAD
Total Assessment
$1,147,949 CAD
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