33-08 31st Ave

Astoria, Queens | 33rd Street & 34th Street

18 Rooms5 Beds5.5 Baths3,340 Square FeetMixed Use

$2,599,999

floors / apts3 / 5

Lot Size19'3"x85'

Built Size19'3"x70'

ZoneR6A

Building TypeLow-Rise

RE Taxes$21,368

Price Per SF

$778

Property Description for 33-08 31st Ave

# 5 VACANT ONE-BEDROOM APARTMENTS – NOT RENT STABILIZED – PLUS COMMERCIAL STOREFRONT!**PRIME ASTORIA INVESTMENT OPPORTUNITY!**An exceptional opportunity to own a fully renovated mixed-use property in the heart of Astoria!**PROPERTY HIGHLIGHTS:**- **5 ONE-BEDROOM / ONE-BATHROOM APARTMENTS**- **ALL 5 RESIDENTIAL UNITS VACANT!**- **NOT RENT STABILIZED!**- **PLUS GROUND-FLOOR COMMERCIAL STOREFRONT**- Brand-new kitchens- Brand-new flooring- New roof- Excellent prime Astoria location**EXCELLENT RENTAL INCOME POTENTIAL!**Estimated market rents for each one-bedroom apartment range from **$3,000 to $3,600 per month**, offering potential gross residential rental income of:**$15,000–$18,000 MONTHLY****$180,000–$216,000 ANNUALLY****PLUS POTENTIAL COMMERCIAL STOREFRONT INCOME!**A rare opportunity to acquire **FIVE VACANT, NON-RENT-STABILIZED RESIDENTIAL UNITS** in one of Queens' most desirable neighborhoods.Ideal for investors seeking immediate leasing opportunities, flexibility, and long-term income potential.Conveniently located near restaurants, cafés, shopping, and public transportation.

Listing History for 33-08 31st Ave

Now

10/15/2026

$2,599,999

Initial Price by Jozef Badragheh

Citi Homes

Launch

Building Details for 33-08 31st Ave

OwnershipMixed Use

Building TypeLow-Rise

AgePre-War

AccessWalk-up

Year Built1924

Floors/Apts3/5

Learn More About the Building

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: 109376TH

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