34-29 31st St Astoria, NY 11106

This mixed-use property is comprised of two buildings situated on a 4,000 ft2 lot, with lot dimensions of 50' x 80'. Together, the buildings total 4,700 ft2 and carry a low annual tax bill of $18,190, providing investors with efficient operating expenses. In the 3-unit multifamily, there is (1) 2-bedroom unit on the 1st floor, and (2) 1-bedroom units on the 2nd floor. However, it is currently configured as a 2-unit multifamily. The property is located just 0.2 miles from both the Broadway and 36th Avenue N and W subway stations, offering quick and direct access to Manhattan. The immediate neighborhood features active retail corridors, consistent residential demand, and a growing concentration of new developments that continue to strengthen the market. This offering presents an opportunity to acquire a centrally located mixed-use property in the heart of Astoria. With low operating costs, strong transit accessibility, and exposure to one of Queens' most established neighborhoods, the asset is well-positioned for stable income and long-term growth.