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31-49 33 street
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Office building located at 31-49 33 Street in Astoria
- Current asking price set at 1,700,000 dollars
- Property features a cap rate of 8.17 percent
- Renovated brick construction located two blocks from transit
- Well-positioned asset within the active Queens commercial market
What's Special
This office property in Astoria is currently listed for sale, presenting a steady investment for those seeking a cash-flowing asset. The renovated brick building occupies a prime location just two blocks from the train, providing connectivity to the broader New York City transit network. Situated within the vibrant Astoria submarket, this asset benefits from the area's dense commercial atmosphere and consistent demand for professional workspace. Its current configuration and condition make it a practical choice for investors aiming to stabilize their portfolio or businesses looking for an established local presence in one of Queens' most dynamic neighborhoods. Astoria remains a key residential and commercial hub, characterized by its diverse economy and sustained population growth. The proximity to major subway lines ensures high accessibility for clients and employees, supporting various professional office uses. This property represents a functional acquisition in a submarket known for its commercial resilience and ongoing urban development.
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