23-81 31St St, Queens, NY 11105
This exceptional new development in Astoria, Queens offers three distinct commercial spaces, ideal for a variety of businesses. Located at 23-81 31st Street, Astoria, NY 11105, this prime location is situated beneath the Astoria subway line and offers easy access to Manhattan. The building, completed in 2024, features a total of 46,295 square feet across one 12-story building with elevators. The property is zoned C4-3 in Queens County and boasts three meticulously designed, ADA-compliant spaces. A lower-level space encompasses 4,800 square feet and includes two bathrooms. The ground-level space offers 7,150 square feet, featuring two bathrooms and a welcoming lobby area. Finally, a third-floor space provides 7,725 square feet of indoor space, complemented by a remarkable 4,500-square-foot outdoor terrace. Each space is delivered as a "white box," allowing for complete customization to suit individual business needs. This is a unique opportunity to establish a presence in Astoria's vibrant commercial market. The building's strategic location and modern amenities make it an attractive proposition for businesses seeking a high-visibility, easily accessible location. Don't miss this chance to secure your ideal space in this brand-new development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.