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43-06 34 Ave Queens, NY 11101

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For Sale
$2,800,000

Free-market, income-producing property in a desirable Queens neighborhood.

Type:Investment
Lot size:
0.05 Acres
Added:
Mar 24, 2026
Days on Market:
9
Last Refresh:
Mar 22 at 9:33 am

Property Features for 43-06 34 Ave

General Information

Standard status
Active
Lot size
0.05 Acres
Property subtype
Investment

Building Details

Year Built
1928

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Listing Contact
Vincent J. Alessi SFR SRES

Listing agent Vincent J. Alessi SFR SRES

Listing office

Listing date Mar 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Vincent J. Alessi SFR SRES


Overview

Astoria Mixed-Use Investment Opportunity

This well-positioned asset presents an opportunity to acquire a free-market, income-producing property in a rapidly growing neighborhood in Queens. The building features a tenant mix and consistent cash flow. The ground floor retail space is occupied by a restaurant with two years remaining on its lease, providing commercial income. Above the retail space are three residential units, consisting of one three-bedroom apartment and two one-bedroom apartments, all currently occupied and one with a one-year lease remaining. The property has updated plumbing and electrical systems throughout the building. Located in prime Astoria, the property is one block from Northern Boulevard and a five-minute walk to the R/M subway station, providing access to Manhattan and surrounding neighborhoods. The area is surrounded by retail corridors, restaurants, and residential growth, making Astoria a sought-after investment market. This mixed-use asset offers immediate cash flow and long-term upside in a Queens location.
Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

  • Map
  • Local Demand
City
Queens
County
Queens
State
New York
Longitude
-73.938824
Latitude
40.765281

FAQs

What type of property is this?
Mixed-use property - Free-market, income-producing property in a desirable Queens neighborhood.
Where is this mixed-use property located?
The property is located at 43-06 34 Ave Queens, NY.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Free‑market, income‑producing property in a desirable and rapidly growing Astoria location.; Strong tenant mix with consistent cash flow, ideal for long‑term investment and appreciation.; Ground floor retail space occupied by a popular restaurant providing reliable commercial income.
More about this property
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