Property profile

25-83 31St St Astoria, NY 11102

OFF-MARKET
Specialty properties
1,200 SF Built 2017
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Property summary

AI-generated overview

This exceptional 1,200 square foot commercial space, built in 2017, is ideally situated in Astoria, Queens, at the corner of 31st Street and 28th Avenue. Its single-tenant occupancy offers a versatile environment perfect for a variety of uses, including but not limited to classes, seminars, events, rehearsals, or bodywork studios. The property's prime location boasts high foot traffic, benefiting from its proximity to major transportation hubs, including the W and N subway lines at the Astoria-Ditmars Boulevard station. This makes it easily accessible for clients and employees alike. The space is available for sublease, presenting a unique opportunity for businesses seeking a well-established location in a thriving commercial area. The building itself is a single-suite structure, ensuring privacy and control. This is an excellent opportunity for both seasonal and long-term ventures seeking a vibrant and convenient location in the heart of Astoria. The property's 2017 construction ensures modern amenities and a well-maintained space. This is a rare chance to secure a highly desirable commercial space in a rapidly developing neighborhood. The property is located in Queens County.

Property profile

Verified
Property type Specialty properties
Year built 2017
Total area 1,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Training Center
  • Gym & Fitness Center

Location

25-83 31St St Astoria, NY 11102
Astoria metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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