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    Astoria Mixed-Use Investment Opportunity Title is generated by Realmo AI

    3801 31st Ave, Queens, NY 11103

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    For Sale
    $5,495,000

    Remodeled mixed-use elevator building with tax abatements in prime location.

    Type:Commercial
    Lot size:
    0.07 Acres
    Added:
    Mar 11, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 3 at 1:52 am

    Property Features for 3801 31st Ave

    General Information

    Standard status
    Active
    Lot size
    0.07 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1970

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    Luca DiCiero
    Luca DiCiero

    Listing office NY Space Finders Inc

    Listing date Mar 11, 2026

    Source Elliman

    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 NY Space Finders Inc

    HighLights

    • Prime Astoria location on a high‑visibility corner lot, just off Steinway Street.
    • Significant tax savings with a 421A abatement for residential units (until 2031) and an ICAP abatement for commercial units (through 2030).
    • Remodeled mixed‑use elevator building with nine one‑bedroom residential units and two commercial spaces.
    • Each residential unit features central HVAC, tasteful finishes, and modern fittings.
    • Excellent transportation access to Midtown Manhattan via the M and R subway lines and multiple bus routes.
    • C1‑3/R6A zoning offering a blend of residential and commercial appeal.

    Overview

    Located on a high-visibility corner lot at 3801 31st Avenue, just off Steinway Street in Astoria, NY, this remodeled mixed-use elevator building presents a prime investment opportunity. The property, zoned C1-3/R6A, features nine spacious one-bedroom residential units and two generously sized commercial spaces, offering a blend of residential and commercial appeal. Each unit includes central HVAC, tasteful finishes, and modern fittings. The building benefits from exceptional exposure in a densely populated, high-traffic neighborhood. A 421A tax abatement, effective until 2031, reduces tax burdens on the residential units. The commercial units benefit from an ICAP tax abatement through 2030. The property is located minutes from the M and R subway lines at Steinway Street and multiple bus routes, providing accessibility to Midtown Manhattan and beyond. This turnkey investment is situated in one of Queens’ most sought-after neighborhoods.
    Property Profile Location Intelligence

    Current Use by Public Records

    Point Brazil Restaurant

    Suggested Use

    Nursing Home Law Firm Nursing Home Parking Lot & Garage Adult Day Care Pet Grooming Service Garden Center Hotel & Motel Buffet Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.9174
    Latitude
    40.7617

    FAQs

    What type of property is this?
    Mixed-use property - Remodeled mixed-use elevator building with tax abatements in prime location.
    Where is this mixed-use property located?
    The property is located at 3801 31st Ave Queens, NY.
    What is the asking price?
    The asking price for this property is $5,495,000.
    What are key features of this property?
    This property features: Prime Astoria location on a high‑visibility corner lot, just off Steinway Street.; Significant tax savings with a 421A abatement for residential units (until 2031) and an ICAP abatement for commercial units (through 2030).; Remodeled mixed‑use elevator building with nine one‑bedroom residential units and two commercial spaces.
    More about this property
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