Andrea Mahoney - Smitchger Realty Logo
$5,600,000
( $563.83Per Sq Foot )
 $30,062 est/mo Sourced by Back At You

3801 31st Avenue,Astoria, NY 11103

Astoria, NY 11103

Share:

PreviousNext

Description

Prime Mixed-Use Investment Opportunity in Astoria, NY Situated on a high-visibility corner lot at 3801 31st Avenue, just off Steinway Street, this remodeled mixed-use building is a rare opportunity in the heart of Astoria. Boasting nine spacious one-bedroom residential units and two generously sized commercial spaces, this C1-3/R6A zoned property offers a perfect blend of residential comfort and commercial appeal. Each unit is thoughtfully designed with central HVAC, tasteful finishes, and modern fittings. The building benefits from exceptional exposure in a densely populated, high-traffic neighborhood, making it an ideal location for both residents and businesses alike. A 421A tax abatement, effective until 2031, significantly reduces tax burdens on the residential units, ensuring strong long-term savings for investors. Additionally, the commercial units benefit from an ICAP tax abatement through 2030, further enhancing profitability. Conveniently located just minutes from the M and R subway lines at Steinway Street and multiple bus routes, the property offers excellent accessibility to Midtown Manhattan and beyond. This turnkey investment presents an unparalleled opportunity in one of Queens' most sought-after neighborhoods. Don't miss out on this high-yield asset with unbeatable tax incentives and prime location benefits!

Details

MLS #1055146
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1970
Days On Site34
Listing Provided ByNY Space Finders Inc | Nicholas Evangelista

Features

SQ Feet9,932
BasementY
Story(s)4
Units11
Building(s)1
ZoningC13/R6A
Acreage0.07
Property ViewBridge(s), City, Neighborhood

Interior

CoolingCentral Air
HeatingDucts

Exterior

Construction MaterialsStucco
Lot FeaturesCity Lot, Corner Lot, Near Public Transit, Views

Utilities

UtilitiesCable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Available, Water Connected
SewerPublic Sewer

Taxes

Tax Year2026
Tax Annual Amount65268
Tax Lot1201/1202

Area Information

StateNY
CountyQueens
CityAstoria
Zip Code11103
Listing VS Median (in 11103)
Price:
$5,600,000
low | high
Med:
$1,299,999
100% of Average
sqft:
9,932
low | high
Med:
1,980
100% of Average
$ / sqft:
$564
low | high
Med:
$657
33.553480627706% of Average
On site:
34
low | high
Med:
81
41.975308641975% of Average
Sourced by Back At You

Market Activity 11103

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from John J Lease Realtors at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the OneKey® MLS

Contact

Learn More About This Property

Andrea Mahoney

Andrea Mahoney

Smitchger Realty

 (845) 554-4792andreamahoney920@gmail.com
StateNY
CountyQueens
CityAstoria
Zip Code11103
Listing VS Median (in 11103)
Price:
$5,600,000
low | high
Med:
$1,299,999
100% of Average
sqft:
9,932
low | high
Med:
1,980
100% of Average
$ / sqft:
$564
low | high
Med:
$657
33.553480627706% of Average
On site:
34
low | high
Med:
81
41.975308641975% of Average
Sourced by Back At You
Listing Updated: October 4, 2026 at 12:04:32 PM PDT

Andrea Mahoney - Smitchger Realty