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R6B Commercial Development Site
For Sale
Contact for pricing
Pending

23-48 31st Dr, Queens, NY 11106

R6B-zoned parcel includes a three-family building, rear garage, on-site parking, and access to nearby N and W trains.

Property SizeContact for details
Days on Market418

Property Features for 23-48 31st Dr

General Information

Standard status Pending
Property subtype Land
Zoning R6B
Listing Agency: TEK Realty Advisors LLC
Listed By: Theo Kontis, SIOR · License #NY 10491208077
Source: Crexi
Added: Jul 11, 2025 Changed: Aug 31 Last Checked: Aug 30 at 3:10PM

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 TEK Realty Advisors LLC

Investment Insights

Based on property information with market context.

This 6,003 SF Astoria parcel is improved with a 2,240± SF, two-story three-family home, rear garage, and on-site parking. The property will be delivered vacant at closing, providing a development site with existing improvements. R6B zoning allows 12,006 Buildable SF as of right, with potential for 13,207 Buildable SF through Inclusionary Housing.

Positioned between Crescent Street and 23rd Street on 31st Drive, the property is approximately 0.3 miles, or four blocks, from the N & W train station at 31st Street and Broadway. The surrounding area includes newly constructed rental and condominium development, with additional projects under construction or in the pipeline. There is also potential to assemble the neighboring parcel at 23-50 31st Drive, creating a 60’ x 150’ site.

Key Highlights

  • 6,003 SF development site in Astoria
  • R6B zoning with 12,006 Buildable SF as of right
  • 13,207 Buildable SF with Inclusionary Housing

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Nursing Home Clothing & Fashion Store Garden Center (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.

Location Intelligence

Trade Area within ½ mile

3,835
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - R6B-zoned parcel includes a three-family building, rear garage, on-site parking, and access to nearby N and W trains.
Where is this commercial land located?
The property is located at 23-48 31st Dr Queens, NY.
What are key features of this property?
This property features: 6,003 SF development site in Astoria; R6B zoning with 12,006 Buildable SF as of right; 13,207 Buildable SF with Inclusionary Housing
More about this property
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