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    22-20 31St St Astoria, NY 11105

    For Sale
    $1,500,000

    COMMERCIAL - Astoria, NY

    Days on Market:
    10
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 22-20 31St St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Basement
    Full, Storage Space, Walk-Out Access, Finished
    Appliances
    Convection Oven, Cooktop, Dishwasher, Freezer, Gas Cooktop, Gas Oven, Gas Range, Microwave, Stainless Steel Appliance(s), Gas Water Heater

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1931
    Building materials
    Brick

    Kingssland Properties (718) 380-7400 [email protected]

    Listing agent Usman Shafiq (718) 594-3657

    Listing date Dec 4, 2025

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Profitable Bakery Business Opportunity

    A Paris Baguette bakery is available for purchase in Astoria, Queens. This business opportunity is located in a desirable neighborhood and features a strong brand reputation and customer base. The bakery benefits from low rent and has 12 years remaining on the lease. The business is positioned to pay for itself within a few years, with owners potentially earning approximately 18-20% net profit annually. The bakery is fully equipped and well-maintained, facilitating a smooth transition to new ownership. This business is situated in a thriving location with consistent foot traffic and neighborhood support.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Paris Baguette Bakery

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    PONCE'S FLORIST & GIFTS, Florería GM, Quinn Florist, Peter Cooper Florist, Superior flower shop

    Location Insight

    • Map
    • Local Demand
    City
    Astoria
    County
    Queens
    State
    New York
    Longitude
    -73.907711
    Latitude
    40.779117

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    FAQs

    What type of property is this?
    Storefront property - Established Paris Baguette bakery for sale in Astoria, Queens.
    Where is this storefront property located?
    The property is located at 22-20 31St St Astoria, NY.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - High Profitability: Expect **18-20% net profit annually** from day one.; - Long-Term Lease: Benefit from a secure **12-year lease**.; - Prime Location: Situated in the heart of Astoria, Queens, a vibrant and desirable neighborhood.
    (718) 594-3657
    Request Owner's contact information
    22-20 31St St Astoria, NY 11105
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    Astoria, NY 11105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22-20 31St St Astoria, NY 11105
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