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Residential Income Property with Fitness Center
For Sale
$740,000

23-16 31ST Avenue 5D, Queens, NY 11106

Seven-story property offers private storage, parking, and in-unit vented washers and dryers.

Property Size764 SF
Days on Market147

Property Features for 23-16 31ST Avenue 5D

General Information

Standard status Active
Size 764 SF
Property subtype Apartment

Additional Details

Public Transit Yes

Amenities

Fitness Center
Washer/Dryer in Unit
Private Storage
Parking
Video Intercom System
Bike Storage
Common Roof Deck
Private Balconies & Terraces

Building Details

Building Size 764 SF
Year Built 2017
Stories 7
Listing Agency: Corcoran Group
Listed By: Gayane Nersesyan
Source: Tricialee
Added: Mar 28 Changed: Aug 21 Last Checked: Aug 21 at 11:00AM

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 Corcoran Group

Investment Insights

Based on property information with market context.

Built in 2017, this seven-story residential property contains 26 residences and was designed by Angelo Ng & Anthony Ng, Architects Studio. Building amenities include a fitness center, private storage, parking, bike storage, video intercom, and a shared roof deck. Residences feature vented washers and dryers, Caesarstone countertops, European porcelain-tiled baths, private balconies or terraces, and generously sized living areas.

The property is situated in Astoria, Queens, on a tree-lined street near three parks and a waterfront promenade. Nearby surroundings include restaurants, lounges, arts and entertainment venues, and convenient shopping. Subway, bus, and water-ferry transportation are also available in the surrounding area.

Key Highlights

  • Seven‑story building completed in 2017 with 26 residences
  • Fitness center, common roof deck, bike storage, and video intercom system
  • Vented washer and dryer in every unit

Property Analytics

Current Use

Sofo Tower Apartment Building

Suggested Use

Top Pick Law Firm Parking Lot & Garage Nursing Home Clothing & Fashion Store Pet Grooming Service Adult Day Care

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

Location Intelligence

Trade Area within ½ mile

8,159
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
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Seven-story property offers private storage, parking, and in-unit vented washers and dryers.
Where is this residential income property located?
The property is located at 23-16 31ST Avenue 5D Queens, NY.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: Seven‑story building completed in 2017 with 26 residences; Fitness center, common roof deck, bike storage, and video intercom system; Vented washer and dryer in every unit
More about this property
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