Astoria Mixed-Use Investment
For Sale
$2,800,000
43-06 34 Ave, Queens, NY 11101
Free-market, income-producing property in a desirable Queens neighborhood.
Property SizeContact for details
Lot Size0.05 Acres
Days on Market134
Property Features for 43-06 34 Ave
General Information
Standard status
Active
Lot size
0.05 Acres
Property subtype
Investment
Building Details
Year Built
1928
Listing Agency:
(646) 358-7254
Listed By:
Vincent J. Alessi SFR SRES
(646) 358-7254
Source:
Elliman
Added: Mar 24
Changed: Jul 10
Last Checked: Aug 4 at 7:48AM
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 Vincent J. Alessi SFR SRES
Investment Insights
Based on property information with market context.
This well-positioned asset presents an opportunity to acquire a free-market, income-producing property in a rapidly growing neighborhood in Queens. The building features a tenant mix and consistent cash flow. The ground floor retail space is occupied by a restaurant with two years remaining on its lease, providing commercial income. Above the retail space are three residential units, consisting of one three-bedroom apartment and two one-bedroom apartments, all currently occupied and one with a one-year lease remaining. The property has updated plumbing and electrical systems throughout the building. Located in prime Astoria, the property is one block from Northern Boulevard and a five-minute walk to the R/M subway station, providing access to Manhattan and surrounding neighborhoods. The area is surrounded by retail corridors, restaurants, and residential growth, making Astoria a sought-after investment market. This mixed-use asset offers immediate cash flow and long-term upside in a Queens location.
Key Highlights
- Free‑market, income‑producing property in a desirable and rapidly growing Astoria location.
- Strong tenant mix with consistent cash flow, ideal for long‑term investment and appreciation.
- Ground floor retail space occupied by a popular restaurant providing reliable commercial income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,316
Businesses Nearby
245k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 62%
Dining 19%
Shops & Services 14%
Groceries 3%
Costco Wholesale
Superstores
152,636 visits/mo
0.2 miles
McDonald's
Dining
24,841 visits/mo
0.4 miles
Mobil
Shops & Services
11,890 visits/mo
0.3 miles
BP
Shops & Services
9,305 visits/mo
0.4 miles
Burger King
Dining
8,881 visits/mo
0.3 miles
Demographics for 11101, NY
48,867
Population
27,093
Households
1.8
Avg Household Size
33
Median Age
65%
College-Educated
90%
High-School Grad
2.6 sq mi
ZIP Area
18,795
Density / Sq Mi
$116,807
Median Household Income
$83,892
Median Earnings
$2,740
Median Rent
$995,500
Median Home Value
Market
Properties on Market for Mixed-use properties in Queens County
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Free-market, income-producing property in a desirable Queens neighborhood.
Where is this mixed-use property located?
The property is located at 43-06 34 Ave Queens, NY.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Free‑market, income‑producing property in a desirable and rapidly growing Astoria location.; Strong tenant mix with consistent cash flow, ideal for long‑term investment and appreciation.; Ground floor retail space occupied by a popular restaurant providing reliable commercial income.
