2576 31St StQueens, NY 11102

Property Details for 2576 31St St

Year built

1940

Lot size

0.04 AC

Property size (Sq ft)

4,875 SF

Zone code

C4-3

Property type

Investment properties

Property subtype

Live-work space

APN

00598-0057

APU

5980057

Description

This exceptional 750-square-foot garage offers a versatile single-tenant space ideal for personal or business storage needs. Located in the vibrant Astoria submarket of Queens County, this well-maintained property provides a practical and reliable solution for extra storage. Its convenient location offers easy access to essential transportation links, including proximity to the Astoria Boulevard train station (N, W lines) and the Robert F. Kennedy Bridge, ensuring seamless commutes and efficient logistics. The property is classified as Special Purpose, specifically for storage uses, catering to a wide range of storage requirements. This single-tenant occupancy ensures exclusive use and control of the space, eliminating shared-space concerns. The property's size and functionality make it an attractive option for individuals or businesses seeking secure and readily accessible storage solutions within a thriving and well-connected neighborhood. The building itself is in excellent condition, reflecting a commitment to quality and maintenance. This presents a unique opportunity to secure a valuable storage asset in a highly desirable location. Don't miss this chance to acquire a practical and well-situated storage solution in the heart of Astoria.

• CAP approach

  CAP return

  Valuation

  6%

  $805,983

  6.5%

  $743,984

  7%

  $690,843

• Comparable approach

  Method

  Valuation

  Relative Method

  $636,968

  Geo Method

  $636,968

• Alternative Use

  Use

  Valuation

  Residential

  $922,541

  Hospitality

  $845,042

  Educational

  $703,065

  Medical

  $727,245

  Retail

  $1,093,657

Location Insight

City

Long Island City

County

Queens

State

New York

Latitude

40.7689

Longitude

-73.9199

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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