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35-34 31st St, Astoria, NY, 11106

2beds
4baths
1,450sqft
$1,450,000
$1,000price/sqft
$8,663/moest. monthly cost
$346,520/yrincome needed

About This Home

Prime Astoria Investment Opportunity | Mixed-Use Gem Discover the ultimate addition to your real estate portfolio. Situated in the absolute heart of Astoria, this detached mixed-use property at 35-34 31st Street offers an unbeatable combination of high visibility, robust foot traffic, and exceptional versatility. Built in 1920 and structurally solid with classic brick construction, this 2-unit property is a rare find in one of Queens' most sought-after neighborhoods. Property Highlights: Optimal Layout: Featuring two distinct units spanning 1,350 square feet of total building space, maximizing your rental income potential. Finished Basement: Offers valuable extra square footage, ideal for storage, mechanical access, or supplemental operational use. Unmatched Commuter Location: Located just 0.1 miles (less than a 2-minute walk) from the nearest subway station, providing effortless, rapid access to Manhattan. Security: video surveillance cameras, and protective window bars for total peace of mind. Lot & Utilities: Sits on a 2,000 sq. ft. lot (0.05 acres) with a low-maintenance setup. Connected to public water, public sewer, natural gas heating, and standard electricity. Location, Location, Location Positioned right off 35th Avenue, this property commands excellent exposure in a vibrant, high-density residential and commercial hub. Tenants and patrons alike will love the immediate proximity to Astoria’s legendary dining scene, local cafes, shopping, and nightlife. Whether you are looking to execute a long-term buy-and-hold strategy, establish a signature business space, or capitalize on the area's soaring rental demand, this property represents a premier investment canvas.

Getting Around

98
WalkingWalker's Paradise
0
TransitVery Limited Transit
76
BikeVery Bikeable

Schools

9/10
Ps 166 Henry GradsteinGrades PK-50.2 mi
8/10
Is 204 Oliver W HolmesGrades 6-80.2 mi
3/10

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Interior Area

  • Total structure area: 1,450
  • Total interior livable area: 1,450 sqft

Property

Details

  • Parcel number: 006030038
  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Balcony

Parking

  • Parking features: Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,331$87,972
Home Insurance *$180$2,160
Property Taxes $906$10,872
Electricity $246$2,954
Total$8,663$103,956
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$297,017/yr
40% on housing$259,890/yr
45% on housing$231,013/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,000This listing

vs Other Active Listings

Avg $/sqft

ZIP 11106$853
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11106$1,629
Queens County$600

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-17Price change$1,399,000
2026-02-24Price change$1,450,000
2025-04-08Price change$1,500,000
2024-10-04Listed for sale$1,350,000
2024-08-31Listing removed$1,350,000
2023-04-05Listed for sale$1,350,000

For Sale by Agent

AgentFrederic Sandy
BrokerageOrion Homes Realty

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