Financial
Distress signals
Property profile

31-16 21St St S1a Astoria, NY 11106

FOR LEASE
Other apartment buildings
Property ID
US63-3970497
24,000 SF 0.23 ac lot Built 2023
Last sale Mar 2026 · $1,060,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 2,268-square-foot corner retail unit within a commercial building at 31-16 21st Street in Astoria. The unit is laid out for retail-oriented occupancy and includes a dedicated bathroom, expansive storefront show windows, and high ceilings intended to bring natural light into the space. The premises are positioned at the intersection of 31st Avenue and 21st Street, providing corner frontage and street exposure. The property is identified for potential retail uses such as a boutique, café, or gallery, with other concepts subject to review.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$91k
Tax billed · 2024
Assessed value$889k
Assessed land$770k
Assessed improvement$119k
Effective rate10.20%

Value estimate

· Sep 2026
$8.59M
$7.73M – $9.45M
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$5k
Operating expenses−$9k
NOI · 32,509.09% cap applied$21k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$283/SF
ZIP average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$179 – $408
Qualifying comparables6

Cap rate analysis

How does the asset earn?
32,509.09%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R7A
This district is designed to supports medium to high density housing, particularly in areas well served by public transportation and comm...
General categoryRESIDENTIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm49.2
Realty agency28.8
Nursing Home16.3

Location

31-16 21St St, Unit S1a Astoria, NY 11106
County assessor Recorded deeds · 24 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1132 31st, Long Island City, NY 11106-4812 $1,382,428 Jul 2025 30,104 SF
3242 33rd, Long Island City, NY 11106-2158 $840,755,347 Jun 2025 40,000 SF
2908 31st, Long Island City, NY 11106-2866 $224,835,274 Jan 2025 38,865 SF
2357 31st, Long Island City, NY 11106-4157 $224,835,274 Jan 2025 46,140 SF
3616 30th, Long Island City, NY 11106-3264 $2,500,000 Nov 2024 13,100 SF
3127 Cres, Long Island City, NY 11106-3723 $3,250,000 Jun 2023 26,320 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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