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Mixed-Use Building with Four Apartments

4304 34th Avenue, Astoria, NY 11101

For Sale
$3,100,000

A leased restaurant/lounge occupies the commercial floor, alongside free-market apartments with updated plumbing and electrical systems.

Property SizeContact for details
Days on Market13

Property Features for 4304 34th Avenue

General Information

Standard status Active
Property subtype Commercial

Site & Location

Public Transit Yes
Mixed-Use Components retail, residential

Units

Unit Mix 3 x 1BR, 1 x 2BR
Multifamily Units 4

Additional Details

Floor Ground
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $46,544

Building Details

Year Built 1928
Buildings 1
Tenancy Single
Listing Agency: NY Space Finders Inc
Listed By: Rocco Pasquariello · License NY #986840
Source: Educatorsrealty
Added: Nov 1 Changed: Nov 7 Last Checked: Nov 12 at 7:18AM

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

Rey
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Investment Insights

Based on property information with market context.

This Astoria mixed-use property, built in 1928, combines a ground-floor commercial space leased to a restaurant/lounge tenant under a long-term lease with four apartments. The residential mix includes three one-bedroom units and one two-bedroom unit; each apartment is leased on a one-year term and is free-market. Plumbing and electrical systems have been updated throughout the building.

The property is one block from Northern Boulevard and about a five-minute walk from the R and M subway lines.

Key Highlights

  • Ground‑floor restaurant/lounge space has a long‑term lease
  • Four free‑market apartments: three one‑bedroom units and one two‑bedroom unit
  • Residential units are leased on one‑year terms

Property Analytics

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Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Nursing Home Garden Center Clothing & Fashion Store Pet Grooming Service

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

Lease Details

4
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,625
Businesses Nearby
698k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 27% Shops & Services 19% Apparel 19% Superstores 17%
BJ's Wholesale Club Superstores
119,525 visits/mo 0.3 miles
Food Bazaar Supermarket Groceries
107,073 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
93,325 visits/mo 0.4 miles
H Mart Groceries
69,262 visits/mo 0.3 miles
Marshalls Apparel
66,127 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
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Market

Average Price Trend$/SF for Mixed-use properties in Queens County, NY

$758 Jul
$684 Aug
$604 Sep
$582 Oct

Properties on Market for Mixed-use properties in Queens County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A leased restaurant/lounge occupies the commercial floor, alongside free-market apartments with updated plumbing and electrical systems.
Where is this mixed-use property located?
The property is located at 4304 34th Avenue Astoria, NY.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Ground‑floor restaurant/lounge space has a long‑term lease; Four free‑market apartments: three one‑bedroom units and one two‑bedroom unit; Residential units are leased on one‑year terms
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