SOLD FOR $1,950,000
· Sold at asking price · Closed November 4, 2022
$1,950,000
$770 per sq ft
25-81 31st Street
MLS® #RLS10806257
Listing by Compass
8
Bedrooms
5.5
Baths
2,532
Sq. Ft.
1910
Year Built
Sale Details
Property Summary
Description
Prime Astoria Redevelopment Opportunity This 2,532 SF Three Family home with a 1,200 SF garden sits on a 3,350 SF lot in Astoria's most coveted location. At $175 per buildable SF and 8,858 remaining buildable square feet this property is an excellent candidate for a Condo development with ground floor commercial. The allowable usable floor area is 11,390 SF. The Max FAR is 3.40. As built the property is currently at 0.76 FAR. Currently the three existing residential units are all rented out on month-to-month leases. Current Annual Rent Roll is: $79,200. The property can be delivered with tenants or vacant. Prime location between the N&W Astoria Blvd and 30th Avenue Subway stops.
Property Details
Listing courtesy of Alexander Glibbery at Compass. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.