23-37 31st Avenue

New York NY 11106

2108 sq. ft.

2290 sq. ft.

Duplex

Last sold for $1,700,000

Pavlos Milonakis, last sold this property on 27 August 2026 after 1010 days on market.

Overview

R6A Development Site with Condo Upside Prime Astoria R6A Development Opportunity – 25’ Wide Lot Exceptional opportunity to acquire a 25’ x 91 (approx. 2,293 sq ft) parcel in the heart of Astoria, zoned R6A and offering approximately 6,800–6,900 buildable square feet (as-of-right residential FAR 3.0). This property is being marketed primarily for land value and redevelopment potential. The R6A zoning supports a mid-rise residential building under Quality Housing regulations, making it an ideal canvas for a builder seeking to capitalize on Astoria’s continued residential demand. With approximately 6,800+ buildable square feet, the site presents multiple strategic paths: • Develop a boutique multi-family rental asset • Construct a high-end condominium project • Build a limited, luxury boutique condo product with strong sellout potential • Long-term hold with future appreciation upside Astoria continues to demonstrate strong buyer demand for new residential inventory, particularly boutique condominium buildings near transit and vibrant retail corridors. The lot’s 25-foot frontage allows for efficient floor plates and practical unit layouts — a key advantage for condo developers focused on maximizing sellable square footage. Highlights: • 25’ wide lot frontage • Approx. 2,293 sq ft lot area • Zoned R6A • Approx. 6,800–6,900 buildable SF (as-of-right) • ~70 ft allowable height (subject to Quality Housing regulations) • Ideal for rental or condominium development • Existing structure conveyed as-is This is a strategic acquisition opportunity for a builder or investor seeking both immediate land control and long-term condo upside in one of Queens’ most resilient residential markets.

Features

2108 sq. ft. floor area

2290 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar duplexes sold in New York over the last 12 months, the estimated median property value of 23-37 31st Avenue is $1.35m.

Median value

$1.35m

Estimated value range

$800k - $1.72m

Median days on market

Estimated value trend

-9%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in New York. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 23-37 31st Avenue

2026

Sold

$1,700,000

27 Aug 2026 by Pavlos Milonakis, of Halvatzis Realty Inc

Happy sellers in New York

We have insufficient information to provide an overview of customer satisfaction for New York. Viewing the agent profiles, reviews and sales for New York can provide insights for this location.