31-51 35th Street, Astoria, NY 11106
- Added:
- Mar 13, 2026
- Days on Market:
- 112
- Last Refresh:
- Jul 2 at 11:06 pm
Property Features for 31-51 35th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 6
- Rooms
- Bathroom 3, Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 6, Bathroom 5
- Standard status
- Active
- Size
- 5,025 SF
- Lot size
- 0.06 Acres
Building Details
- Year built
- 1925
- Floors in Building
- 3
- Building materials
- Stone
Listing agent Anthony Carollo License #31CA0944140
Listing office Carollo Realty & Management 11-05 154th St., Whitestone, NY
Listing date Mar 13, 2026
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 6‑unit attached multi‑family building in Astoria, Queens
- Approximately 5,000 SF of total living space
- Year built: 1925
- Each unit features 2 bedrooms and 1 full bathroom
- Garage parking on‑site
- Construction materials include stone
Overview
The building is located in Astoria, Queens, on a tree-lined residential street. It is described as being moments from shops, public transportation, and restaurants, which may support tenant convenience and everyday walkability.
For prospective buyers, the uniform two-bedroom, one-bath layout across all six units can simplify operations and leasing. The building’s attached brick design and consistent interior configuration provide a practical basis for managing a multi-unit residential property in a market that is characterized in the remarks as having consistently strong rental demand.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $232.2k | $46.20 |
| − Vacancy | −$8.8k | −$1.76 |
| EGI | $223.3k | $44.44 |
| − OpEx | −$100.5k | −$20.00 |
| NOI | $122.8k | $24.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Astoria
- County
- Queens
- State
- New York
- Longitude
- -73.921129
- Latitude
- 40.761423
