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Restaurant Building with Basement
For Lease
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34-10 31st Ave, Queens, NY 11106

Leasable two-story restaurant building with an approx. 800-sq-ft basement, configured for on-premises dining.

Space Size1,600 SF
Property Size3,200 SF
Days on Market974

Property Features for 34-10 31st Ave

General Information

Standard status Active
Size 1,600 SF
Property subtype Retail
Lease Type Modified Gross

Building Details

Building Size 3,200 SF
Stories 2
Tenancy Multiple

Spaces For Lease

at 34-10 31st Ave Contact us

First Floor & Basement

Size
1,600 SF
Availability
Active
Contact us

Second Floor

Size
1,600 SF
Availability
Active
Contact us
Listing Agency: NextHome Empire
Listed By: Parry Ermogenous · License #10991235799
Source: Crexi
Added: Jan 8, 2024 Changed: Sep 7 Last Checked: Sep 8 at 6:31AM

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 NextHome Empire

Investment Insights

Based on property information with market context.

Restaurant space available at 34-10 31st Ave in Astoria, Queens, offered as a full-building lease option. The property consists of two floors plus a basement, with each floor configured for dining and an additional approx. 800-sq-ft basement level. Certificates of Occupancy allow dining for up to 74 people per floor, for a total of 148 across both floors. Business owner restaurant items and functioning equipment are available for sale, and a list can be provided. Key money is not required, and other uses are considered.

The building is located on 31st Avenue between 34th and 35th Streets, close to amenities and serviced by heavy local activity. The property is approximately 4 blocks from the Subway and is part of the 31st Avenue Open Streets Program.

The lease is available for the entire building, with separate asking rents noted for the first-floor-and-basement space and the second-floor space.

Key Highlights

  • Leasable two‑story restaurant space at 34‑10 31st Avenue in Astoria, previously operated as Zenon Taverna.
  • Each floor offers 1,600 SF, plus an approx. 800 SF basement.
  • Dining capacity supported by C of O: up to 74 people per floor (148 total).

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Clothing & Fashion Store Nursing Home (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,835
Businesses Nearby
229k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 67% Dining 21% Shops & Services 8% Groceries 3%
Costco Wholesale Superstores
152,636 visits/mo 0.2 miles
McDonald's Dining
24,841 visits/mo 0.2 miles
Mobil Shops & Services
11,890 visits/mo 0.2 miles
Burger King Dining
8,881 visits/mo 0.2 miles
Starbucks Dining
7,450 visits/mo 0.2 miles

Demographics for 11106, NY

41,722
Population
21,681
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
46,358
Density / Sq Mi
$85,573
Median Household Income
$62,254
Median Earnings
$2,032
Median Rent
$639,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Leasable two-story restaurant building with an approx. 800-sq-ft basement, configured for on-premises dining.
Where is this conventional restaurant located?
The property is located at 34-10 31st Ave Queens, NY.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Leasable two‑story restaurant space at 34‑10 31st Avenue in Astoria, previously operated as Zenon Taverna.; Each floor offers 1,600 SF, plus an approx. 800 SF basement.; Dining capacity supported by C of O: up to 74 people per floor (148 total).
More about this property
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