$4,400,000
Updated 7 years ago
Off Market

30-43 31st Street

Astoria, Queens | 30th Ave & 31st Ave

4,035 Square FeetDevelopment Site

$4,400,000
floors2
Lot Size50'x80'
ZoneC4-3
Building TypeLow-Rise
RE Taxes$24,811
Price Per SF
$1,090

Building Amenities

  • Garage

Property Description for 30-43 31st Street

Cushman and Wakefield, Inc. has been retained on an exclusive basis to arrange for the sale of 30-43 31st Street in the Astoria neighborhood of Queens. Located midblock between 30th Avenue and 31st Avenue, the 50' x 80' lot benefits from two curb cuts and is improved by a 2-story commercial building. The building is currently configured with a garage and storage on the ground floor and a small office on the second floor. The property will be delivered vacant upon sale. The ~4,000 SF lot is located in a C4-3 zone which has a 3.40 FAR for commercial (13,617 BSF) and a 3.00 FAR for residential (12,015 BSF) In addition, a developer could further expand the envelope considering the zoning has a 4.80 for community facility uses which allows for 19,224 BSF.

Located along the busy 31st Street corridor of Astoria, the property benefits from a significant amount of pedestrian foot traffic between 30th Avenue, 31st Avenue
and Broadway - three of Astoria's busiest thoroughfares. Furthermore, the property is situated right in between the Astoria Boulevard and Broadway subway stations which are serviced by the and trains and both only steps away from the subject property.

Considering there has been a tremendous amount of investment and development in the immediate area, 30-43 31st Street is a great development opportunity that allows a developer to capitalize on the transformation taking place in Astoria.

Listing History for 30-43 31st Street

Now
03/27/2019
POM by Robert Knakal
Cushman & Wakefield
2019

Building Details for 30-43 31st Street

OwnershipDevelopment Site
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1930
Floors2
Learn More About the Building

Transit and Citi Bike

Subway

30 Av
0.09 miles
Broadway
0.31 miles
Astoria Blvd
0.4 miles

Citi Bike

31 Ave & 30 St
0.12 miles
31 St & Newtown Ave
0.15 miles

Contact Agents

Contact Agents

Robert Knakal
Cushman & Wakefield
Jonathan Hageman
Cushman & Wakefield
Darragh Clarke
Cushman & Wakefield

Astoria | Queens

Quick Profile

Although Astoria is largely a residential neighborhood, it is filled with unique mom-and-pop shops, trendy boutiques, a plethora of dining options representing cuisines from around the world, and lush green spaces where you can relax, walk along the East River, or just enjoy the Manhattan skyline. 

The atmosphere is laid back and almost small-town. In addition to luxury condos, pre-war buildings, single-family and semi-detached brick buildings, you will find low-rise buildings with apartments available at lower rents than are available in nearby Manhattan. If you enjoy shopping, you will find everything from locally handcrafted apparel and decor items to vintage treasures just waiting to be repurposed.

Astoria has long been known as a hub of Greek culture, with a burgeoning Greek community. You can barely walk a block without an opportunity to eat Greek food or experience some aspect of Greek culture. The Italian community is also quite large and well-represented in Astoria. Lately, there has been an influx of immigrants from all corners of the globe, making Astoria truly multicultural, and giving rise to eateries that offer unique gastronomic treats. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 73552TH