$6,500,000

43-02 31st Ave Long Island City, NY 11103

Astoria Neighborhood

Estimated payment $39,285/month

Total Views 765
-- Acre
-- Price per Acre
7,177 Sq Ft Lot

Highlights

  • 7,177 Sq Ft lot
  • 5-minute walk to 46 Street
  • 5-minute walk to Astoria Heights Playground
  • Property is near public transit

About This Lot

This offering consists of two adjacent lots totaling a 7,177 Sq. Ft., currently improved by two retail buildings with a combined 4,536 Sq. Ft. of existing built space. The properties are currently occupied, with each lease containing a 6-month demolition clause. Located on a 175.8' x 98.71' IRR island lot, the site is zoned R6A / C1-3, allowing for a total residential buildable of approx. 27,990 Sq. Ft. under current zoning regulations. The site is well suited for multifamily or mixeduse development, or alternatively, for an investor seeking to reposition the existing structures. The property was recently rezoned to R6A, C1-3, requiring any new development to comply with Mandatory Inclusionary Housing (MIH) regulations. The site is located just 0.3 miles from the 46th St E/F/M/R subway station, offering direct access to Midtown Manhattan in under 25 minutes. Surrounded by residential housing, local retail, and a growing number of new developments, this pocket of Astoria continues to see strong demand from renters and end-users alike.

Listing Agent

Dean Abouelhassan

Landair Property Advisors, LLC Listed on: 09/09/2025

Co-Listing Agent

Alexandre Goulet

Landair Property Advisors, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $55,848

Additional Features

  • 7,177 Sq Ft Lot
  • Property is near public transit

Community Details

  • Astoria Community

Property Details

Property Type

Land

Est. Annual Taxes

$55,848

Lot Details

0

Listing Details

  • HamletID: 0
  • LandFrontageInFeet: 420
  • LandRentAmount: 0
  • NearTrain: Yes
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Astoria
  • Property Class: 311
  • PropertyTownship: Queens
  • Prop. Type: Vacant Land
  • PropertyZipCode: 11103
  • PropertyZoneType: 900
  • Renovation Year: 0
  • SForSaleAndRForRental: S
  • USStateAbbreviation: NY
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Fireplaces: 0
  • Number of Rooms: 0
  • AboveArea Sq Ft: 0

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Utilities

  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Lot Info

  • Lot Size Sq Ft: 7177
  • Number Of Lots: 2

Multi Family

  • Unit Number of Bedrooms: 0
  • Total Taxes: 55848

Tax Info

  • Tax Year: 2025

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 For Sale $6,500,000 -- --
Source: NY State MLS

Source: NY State MLS

MLS Number: 11571302

NY State MLS
New York Queens County Long Island City 11103 Astoria

43-02 31st Ave, Long Island City, NY

This home is located at 43-02 31st Ave, Long Island City, NY 11103 and is currently priced at $6,500,000. 43-02 31st Ave is a home located in Queens County with nearby schools including P.S. 151 - Mary D. Carter, I.S. 010 Horace Greeley, and William Cullen Bryant High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NY State MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Dean Abouelhassan
Listing Agent
Dean Abouelhassan
Section Image
Landair Property Advisors, LLC
(929) 560-2367