See Home Value
$4,308,495*
Land - Off Market

2357 31st Avenue

Astoria, NY 11106
bedrooms
Studio
bathrooms
0 Bath
$3,870,000 - $4,730,000
Reference Base Price*
0.20%
Since Oct 1, 2023
NY-New York
Primary Model
Transfer

About This Property

23-57 31st Avenue is a corner development site measuring 46' x 110' in Astoria, NY. The lot has 46.86 feet of frontage on Crescent Street and 110.70 feet of frontage on 31st Avenue. The property is located .4 miles from both the Broadway and the 30th Avenue subway stops.  The zoning is R6A, and the floor area ratio is 3, allowing for a total residential buildable square footage of 14,539 sq. ft.    Currently the property is built as (2) apartments and (1) store measuring a total of approximately 5,126 Sq. Ft. The property will be delivered vacant at closing. The property can be built into a 14,539 sq. ft. building with (21) apartments, presenting a fantastic investment opportunity for those seeking to build a dramatic condo or rental building. The corner lot location is a huge advantage for developers, as it allows for 100% lot coverage ratio. This reduces construction costs, resulting in lower loss-factor and provides increased options for apartment layouts, floorplates and parking. Showings by appointment only.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Oct 13, 2023 Sold to Crescent Court Llc $3,900,000
Sold to Crescent Court Llc
Sep 27, 2023 No longer available -
No longer available
Jun 5, 2023 Listed $4,300,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Building Count: 2
  • Floor Count: 3
  • Total Unit Count: 3
  • Residential Unit Count: 2
  • Basement Type: 0

    Dimensions

  • Lot Area Sqft: 4,830
  • Lot Size Depth Feet: 110
  • Lot Size Frontage Feet: 47
  • Building Depth: 56
  • Building Frontage: 23
  • Gross Building Area: 5,126

    Building Floor Area

  • Residential Building Floor Area: 2,550
  • Commercial Building Floor Area: 2,576
  • Retail Building Floor Area: 2,576

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 3
  • Facilities Floor Area Ratio: 3

Building

  • Building Type: K4
  • Lot Type: 3
  • Land Use: 04
  • Irregular Lot Code: N
  • Proximity Code: 2
  • Extension Code: N

Neighborhood

  • Community District: 401
  • City Council District: 22
  • Police Precinct: 114
  • Fire Company: E262
  • Health Area: 300
  • Sanitation District Borough: 4
  • Sanitation Subsection: 3D
  • School District: 30

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6A

Geography

  • Borough Name: QN
  • Borough Code: 4
  • Block: 570
  • Lot: 59
  • Borough Block Lot: 4005700059

    Address

  • Full Address: 23-57 31 Avenue
  • Zip Code: 11102

Valuation

    Assessments Valuation

  • Assessed Total Value: $227,700
  • Assessed Land Value: $39,600

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
3 Baths
-
$4,500,000 Dec 4, 2019
$4,500,000 Jul 16, 2020
-
Commercial
Loft
-
-
$3,700,000 Oct 27, 2019
$3,700,000 Jan 2, 2020
$2,713/mo
Commercial
Loft
-
-
$3,450,000 Feb 2, 2021
$3,450,000 Oct 19, 2021
-
Multifamily
20 Beds
-
-
$3,700,000 Feb 15, 2023
$3,700,000 May 15, 2023
$286/mo
Townhouse
11 Beds
12 Baths
10,720 ft²
$322/ft²
$3,450,000 Feb 2, 2021
$3,450,000 Oct 19, 2021
-
Commercial
Loft
-
-
$4,399,000 Mar 21, 2023
-
$888/mo
Commercial
Loft
-
-
$3,750,000 Aug 2, 2023
-
$2,286/mo
Commercial
Loft
-
-
$3,600,000 Nov 16, 2022
-
$842/mo
Multifamily
8 Beds
8 Baths
-
$4,300,000 Jul 27, 2023
-
$1,283/mo

About Northwestern Queens


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Frequently Asked Questions

When was property at 23-57 31st Avenue built and last sold?
The property at 23-57 31st Avenue was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 23-57 31st Avenue is $4,343,000.
What are some comparable homes to 23-57 31st Avenue?
Homes that are comparable to 23-57 31st Avenue include a commercial property at 25-30 Broadway, 37-2 31st Avenue, 28-25 31st Street.

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