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3038 31st St
Astoria, NY 11102 Downtown Astoria

$6,450,000 USD

Apartments For Sale  •  7,700 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,700 SF
  • Lot Size 0.06 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 6.73 %
  • Tenancy Multiple
  • Zoning C4-3
85 Transit Score
99 Walk Score

Highlights

High traffic area
Close to subway station
Premium luxury finishes ; experienced builder

Financial Summary (Proforma)

Net Operating Income: $396,100 USD (2024)
Cap Rate: 6.73 %
Total Expenses: $69,500 USD

Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Laundry Facilities
  • Washer/Dryer
  • Heating
  • Recycling
  • Smoke Free
  • Kitchen
  • Elevator
  • Deck

Public Transportation

Commuter RailDriveWalkDistance
Hunterspoint Avenue Station (Hempstead Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road) 6 min - 2.6 mi
Woodside Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road) 6 min - 3.0 mi
Transit/SubwayDriveWalkDistance
30 Avenue (N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) 0 min 1 min 0.1 mi
Broadway (N Line) (N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) 1 min 6 min 0.3 mi
Astoria Boulevard (N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) 13 min 8 min 0.4 mi
36 Avenue (N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) 2 min 14 min 0.8 mi
Steinway Street (E - New York MTA Subway (The Subway), G - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 2 min 15 min 0.8 mi
AirportDriveWalkDistance
Laguardia 7 min - 3.1 mi
John F Kennedy International 20 min - 14.3 mi
Newark Liberty International 30 min - 19.0 mi
Steve Lelekidis 347-558-0584 Modern Spaces
Steve Lelekidis 347-558-0584 Modern Spaces