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3801 31st Ave
Astoria, NY 11103 Downtown Astoria

$5,650,000 USD

Apartments For Sale  •  9,932 SF

Property Details

• Property Type Apartments
• Total Building Size 9,932 SF
• Lot Size 0.07 AC
• Year Built 1970
• Cap Rate 5.96 %
• Zoning R6A, C1-3

100 Transit Score

98 Walk Score

Highlights

Ground Floor Commercial Tenants

Heavy Traffic

Tax Abatements

Seller Financing Available

Mixed Use

Corner Lot

Property Flyers

38-01 31st Ave - Marketing Package.pdf

Financial Summary (Actual)

Net Operating Income: $336,467 USD (2024)

Cap Rate:	5.96 %
Total Expenses:	$93,457 USD

Amenities

• 24 Hour Access
• Dishwasher
• Oven
• Stainless Steel Appliances

Public Transportation

Commuter Rail	Drive	Walk	Distance
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)	7 min	-	1.8 mi
Hunterspoint Avenue Station (Hempstead Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road)	7 min	-	2.9 mi
Transit/Subway	Drive	Walk	Distance
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))	1 min	6 min	0.3 mi
46 Street (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway))	2 min	9 min	0.5 mi
Broadway (N Line) (N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway))	2 min	11 min	0.5 mi
30 Avenue (N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway))	2 min	11 min	0.6 mi
Astoria Boulevard (N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway))	14 min	16 min	0.8 mi
Airport	Drive	Walk	Distance
LaGuardia	8 min	-	3.0 mi
John F Kennedy International	21 min	-	14.2 mi
Newark Liberty International	31 min	-	19.3 mi