Excellent development opportunity on a rare double lot! The property is a 50x94 with a three family house. The FAR is 1.35 and allowable buildable sq feet is 6,345. The three family has huge apartments, you could renovate it and build right next door or use the lot for at least 9 parking spots! The opportunities here are endless!
Sold for $1,650,000
$1,650,000
1224 31st Drive, Astoria, NY 11106
6beds
--sqft
Triplex, Multi Family
Built in 1925
-- sqft lot
$1,072,600 Zestimate®
$--/sqft
$3,410 Estimated rent
Home value
$1,072,600
$1.02M - $1.13M
$3,410/mo
Zestimate® history
Owner options
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$3,410/mo
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$3,410/mo
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$8,158/mo
Est. payment
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$8,158/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Michael Frangos 718-721-9900,
Tri Boro Terrace Realty 718-721-9900
Bought with:
Christoph Blake, 10401371331
Moving Keyz Realty
Source: OneKey® MLS as distributed by MLS GRID,MLS#: L3512299
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Description: Three bedrooms, kitchen, bathroom, living room, dining room.
- Level: First
Bedroom 1
- Description: Three bedrooms, kitchen, bathroom, living room, dining room.
- Level: Second
Other
- Description: Unfinished
- Level: Basement
Heating
- Baseboard
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Basement: Full,Unfinished
- Attic: None
- Has fireplace: No
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Lot
- Size: 4,700 Square Feet
- Dimensions: 50 x 94
Details
- Parcel number: 005190033
- Zoning: R5B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Brick
Condition
- Year built: 1925
Utilities & green energy
- Gas: Separate Gas Meters: 3
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Astoria
Financial & listing details
- Tax assessed value: $1,195,000
- Annual tax amount: $9,153
- Date on market: 11/21/2024
- Listing agreement: Exclusive Right To Lease
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Listing removed | $1,100,000 |
Source:  OneKey® MLS as distributed by MLS GRID #954155 Report a problem | ||
| 5/14/2026 | Listed for sale | $1,100,000 |
Source: OneKey® MLS as distributed by MLS GRID #954155 Report a problem | ||
| 3/13/2026 | Pending sale | $1,100,000 |
Source: OneKey® MLS as distributed by MLS GRID #954155 Report a problem | ||
| 1/22/2026 | Listed for sale | $1,100,000-33.3% |
Source: OneKey® MLS as distributed by MLS GRID #954155 Report a problem | ||
| 8/9/2024 | Sold | $1,650,000-8.3% |
Source: OneKey® MLS as distributed by MLS GRID #L3512299 Report a problem | ||
| 5/29/2024 | Pending sale | $1,800,000 |
Source: OneKey® MLS as distributed by MLS GRID #3512299 Report a problem | ||
| 3/18/2024 | Price change | $1,800,000-5.3% |
Source: OneKey® MLS as distributed by MLS GRID #3512299 Report a problem | ||
| 1/24/2024 | Price change | $1,900,000-17.4% |
Source: OneKey® MLS as distributed by MLS GRID #3512299 Report a problem | ||
| 10/23/2023 | Listed for sale | $2,300,000 |
Source: OneKey® MLS as distributed by MLS GRID #3512299 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $71,700 -0.2% |
| 2024 | -- | $71,820 -15.6% |
| 2023 | -- | $85,080 -4.8% |
| 2022 | -- | $89,400 +0.4% |
| 2021 | -- | $89,040 -0.7% |
| 2020 | $8,193 +2.8% | $89,640 -1.1% |
| 2019 | $7,970 -1.6% | $90,660 +134.1% |
| 2018 | $8,101 +8.7% | $38,725 +6% |
| 2017 | $7,450 +13.2% | $36,547 +6% |
| 2016 | $6,584 | $34,485 +3.2% |
| 2015 | $6,584 +67.2% | $33,420 +2.7% |
| 2014 | $3,939 | $32,546 +0.9% |
| 2013 | -- | $32,271 +6% |
| 2012 | -- | $30,456 +6% |
| 2011 | -- | $28,738 |
| 2010 | -- | $28,738 +6% |
| 2009 | -- | $27,122 +0.9% |
| 2008 | -- | $26,893 |
Find assessor info on the county website
Neighborhood: Astoria
Nearby homes
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Nearby schools
GreatSchools rating
- 6/10Ps 171 Peter G Van AlstGrades: PK-5Distance: 0.3 mi
- 8/10Albert Shanker School For Visual And Performing ArGrades: 6-8Distance: 0.2 mi
- 3/10Long Island City High SchoolGrades: 9-12Distance: 0.1 mi
Schools provided by the listing agent
- Middle: Albert Shanker Sch-Visual/Perf Arts
- High: Long Island City High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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