38-01 31st Avenue

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.