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$260,000
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Property Description
An outstanding investment and business opportunity awaits at 3801 31st Avenue, Astoria. This prime corner property, newly renovated in 2016, features a fully equipped 1,800 sq. ft. ground-floor restaurant with a 1,500 sq. ft. basement prep area. The restaurant is offered with a long-term lease through 2036, making it a turnkey venture with state-of-the-art appliances, central HVAC, and excellent visibility just off bustling Steinway Street. The property also includes the entire building for sale, comprised of nine modern residential units and two commercial restaurant spaces on the ground floor, offering a stable mixed-use income stream. Residents and businesses alike benefit from proximity to the Steinway Street Subway (M/R lines), neighborhood parks, schools, and Astoria's vibrant dining and shopping scene. With strong foot traffic, modern infrastructure, and long-term tenancy in place, this property presents the ideal blend of business opportunity and real estate investment in one of Queens' most dynamic neighborhoods.
Full Property Details
Full Property Details for 38-01 31st Ave
General
- Price: $260,000
- Taxes: $79,584
- Status: Active
- Type: Business
- Source: Long_Island
- MLS ID: 911562
- Updated: 9/11/2025
- Added to Site: 147 day(s) ago
Business
- Name: Point Brazil
- Business Type: Food & Beverage, Restaurant
Rental Information
- Complex Features: Bathrooms, Signage Included, Storage
Interior
- Appliances: Dishwasher, Freezer, Gas Cooktop, Gas Oven, Ice Maker, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s)
- Flooring: Tile
Parking
- Parking Features: On Street, Open, Unassigned
- Assigned Parking: Yes
Location
- County: Queens
- Cross Streets: Steinway Street
- Driving Directions: GPS: Steinway Street to 31st Avenue.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Ducts
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Block, Stucco
- Basement: Yes
- Basement Desc.: Finished, Full Basement, Storage Space
- Entry Floor Number: 1
- Stories/Levels: 4
- Stories in Building: 4
- Building Size: 1800
- Square Feet: 1,800
- Year Built: 1970
Lot Features
- Property View: City, Neighborhood
- Lot Size (Sq. Ft.): 3,167
- Lot Features: City Lot, Corner Lot, Near Public Transit
- Zoning: C1-3/R6A
Financial Considerations
- Tax Amount: $79,584
Disclosures and Reports
- Special Conditions: None
- Property ID: 00660-1201
Listed by NY Space Finders Inc
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Schools
Schools serving 38-01 31st Ave
School District:New York City Geographic School District 30
| Name | Grades | Distance |
|---|---|---|
Ps 70 30-45 42nd St, Queens, NY 11103 | PK-5 | 0.2 mi |
Is 10 Horace Greeley 45-11 31st Ave, Queens, NY 11103 | 6-8 | 0.3 mi |
William Cullen Bryant High School 48-10 31st Ave, Queens, NY 11103 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 38-01 31st Ave
Date
Details
Price
Change
Source
9/10/2025
Listed
$260,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 38-01 31st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
100%
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
100%
100%
2019
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 38-01 31st Ave
38-01 31st Avenue, Astoria, NY 11103 (MLS# 911562) is a Business property. 38-01 31st Avenue is currently listed for $260,000 and was received on September 10, 2025. Want to learn more about 38-01 31st Avenue? Do you have questions about finding other Business real estate for sale in Astoria? You can browse all Astoria real estate or contact a Coldwell Banker agent to request more information.

