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Six-Unit Contemporary Apartment Building
New
For Sale
$2,875,000

14-18 31st Street, Astoria, NY 11106

Commercial Sale, Astoria, NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market7

Property Features for 14-18 31st Street

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Basement Walk-Out Access, Unfinished, Full
Appliances Cooktop, Dishwasher, Exhaust Fan, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s)
Elementary school Ps 171 Peter G Van Alst
Middle school Albert Shanker Sch-Visual/Perf Arts
High school Long Island City High School
Elementary school district Queens 30
Middle school district Queens 30
High school district Queens 30
Standard status Active
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 712

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Energy Star Qualified Equipment (Heating)
Cooling system ENERGY STAR Qualified Equipment, Electric, Separate Meters
Water source Public

Building Details

Year built 2015
Floors in Building 4
Number of units 6
Flooring type Hardwood
Building materials Brick
Architectural style Other
Listing Agency: Azure Realty Group NY LLC
Listed By: Christina M. Cricenti · License #10491209546
Added: Aug 14 Changed: Aug 20 Last Checked: Aug 20 at 8:06AM
MLS# 1038965

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This six-unit apartment building contains six residential apartments with quartz kitchens, stainless steel appliances, designer bathrooms, hardwood flooring, oversized windows, and video intercom security. The brick property also includes a basement, public water and sewer service, cable availability, and separate electric cooling meters. Heating equipment is Energy Star qualified.

The asset is located in Astoria, Queens, near the dining and entertainment corridors along 30th Avenue and Broadway. The N and W subway stations are within walking distance, providing transit access toward Manhattan. The property carries Tax Class 2A protection and an active 421-a tax abatement through 2032, with the units scheduled to revert to Free Market status thereafter. Reported occupancy is fully stabilized, with a cap rate near 6%.

Key Highlights

  • Six‑unit multifamily building in Astoria, Queens
  • Six apartments with quartz kitchens, designer bathrooms, hardwood floors, and oversized windows
  • Brick construction with video intercom security and a basement

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Acupuncture Furniture & Home Goods Cosmetic Store (Bike/Boat/Book/etc) Store

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,590
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily property with hardwood floors, modern kitchens, and public water and sewer service.
Where is this apartment building located?
The property is located at 14-18 31st Street Astoria, NY.
What is the asking price?
The asking price for this property is $2,875,000.
What are key features of this property?
This property features: Six‑unit multifamily building in Astoria, Queens; Six apartments with quartz kitchens, designer bathrooms, hardwood floors, and oversized windows; Brick construction with video intercom security and a basement
More about this property
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