Assignments

Astoria Warehouse for Sale

34-29 31st St, Astoria, NY 11106

34-29 31st St, Astoria, NY 11106

under contract

Asking
Sale Price
$
1500000
1500000

Property Details

Status
For Sale
Property Type
Industrial Building
Price Summary
$
1500000
Sale Price
$
1500000
Buildable SF
6000
Building SF
6000
LOT SF
6000
Cap RATE
%
Zoning
R5

Highlights

- 2,860 SF mid-block lot (25' x 80' IRR)

- Low annual tax bill of $12,059

-  Flexible delivery: vacant or with the existing tenant

- Ideal for an investor or owner-user

- 0.2 miles to the Broadway and 36th Avenue N/W subway stations

Property DEscription

Landair Advisors has been exclusively retained to sell 34-29 31st Street, Astoria, NY 11106. The offering is a 2,767 SF industrial building occupying its entire 2,860 SF lot, currently operating as an auto body shop, with a gross annual tax bill of $12,059.

The property can be delivered vacant or with the existing tenant, offering flexibility for both investors seeking immediate income and owner-users looking to occupy the space.

The property sits just 0.2 miles from both the Broadway and 36th Avenue N/W subway stations, providing quick, direct access to Manhattan. The surrounding neighborhood features active retail corridors, consistent residential demand, and a growing concentration of new development that continues to strengthen the market.

This offering presents a rare opportunity to acquire a centrally located industrial asset in the heart of Astoria. With low operating costs, strong transit access, and flexible delivery, the property is well-positioned for stable income and long-term value.

Map

Dean Abouelhassan
Senior Associate
(516) 532-5385
DA@landairnyc.com
Anand Melwani
Partner
(516) 658-1222
AM@landairnyc.com

Documents

Offering Memorandum
Data Room

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