Introducing 38-01 31st Avenue, Astoria - an exceptional eleven unit mixed use building that offers a perfect blend of residential and commercial spaces. This four-story building boasts nine tastefully designed residential units and two expansive commercial units, all spread across a prime location in Astoria, NY.
Step inside this remarkable property and you'll immediately appreciate the stunning interiors that have been crafted to perfection. Each residential unit is well thought out, creating a comfortable and inviting space that residents will love to call home. Meanwhile, the two commercial units on the ground floor provide the perfect opportunity for entrepreneurs and business owners to establish a thriving business in a high-traffic area.
As an added bonus, this property benefits from a 421A tax abatement lasting until 2031, providing significant tax savings for years to come. The commercial units also benefit from an ICAP tax abatement until 2030, further enhancing the appeal of this investment opportunity.