11-27 31st Drive

$2,195,000
Price
10
Beds
4
Baths
2,294 Sq. Ft.
$957 / Sq. Ft.
2,294
Sq. Ft.
$957
per Sq. Ft.

Description

This detached 4-family property is an excellent opportunity for both development and income investment. It boasts a strategic location with zoning designated as R7A and a generous FAR (Floor Area Ratio) of 4. This means there's significant potential for construction with a total buildable area of 10,560 square feet. The property is versatile, offering options for development or for living in one unit while generating rental income from the others. The property's location is a strong selling point,...This detached 4-family property is an excellent opportunity for both development and income investment. It boasts a strategic location with zoning designated as R7A and a generous FAR (Floor Area Ratio) of 4. This means there's significant potential for construction with a total buildable area of 10,560 square feet. The property is versatile, offering options for development or for living in one unit while generating rental income from the others. The property's location is a strong selling point, as it is conveniently situated close to various amenities, including bus routes, the NYC Ferry, Socrates Sculpture Park, Costco, and more, making it appealing for both residents and potential renters. In summary, this detached 4-family property offers a blend of development potential and steady rental income, making it a versatile and attractive investment opportunity in a desirable location.
  1. Listed by Evangelia Kontis • Realty Executives Today
    P: 718-274-2400 C: 646-325-4221 Angelakontis@gmail.com
  2. Listed by Richard R Bonagura • Realty Executives Today
    P: 718-274-2400 C: 917-804-4668 rbonagura12@gmail.com

Property Details for 11-27 31st Drive

Township
Queens
Architectural Style
Colonial
Community Features
Park,Near Public Transportation
Garage Spaces
.00
Section Area
31st Ave
Offer Presentation
Can be Present

Location

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LISTING UPDATED: 03/22/2024 12:00 AM

Property Details for 11-27 31st Drive

StatusContract Signed
MLS ID3515406
Days on Market91
Taxes$7,500 / year
Maintenance-
Min. Down Pymt-
Total Rooms14.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1916
Lot Size2,642 SF / 26' x 100'
CountyQueens County

Building

11-27 31st Dr

4 Units3 StoriesBuilt in 1916

Location

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Building Information for 11-27 31st Drive

Stories3Residences4Year Built1916Building Size22' x 34'Building Sq. Ft2,244 SFLot Size2,642 SF / 26' x 100'Building Age-Building Type-

Payment Calculator

$12,604 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,979

Property Taxes

$625

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11-27 31st Drive

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 11
  • Tax Block: 503
  • Tax Lot: 46
  • Property Attached: No
  • Structure Type: false
  • New Construction YN: No
  • Flood Zone Report: 0
  • Lot Size Source: Other
  • State Or Province: NY
School Information
  • School District: Queens 30
  • Elementary School District: Queens 30
  • Middle Or Junior School District: Queens 30
  • Middle Or Junior School: Is 141 Steinway (The)
  • High School District: Queens 30
  • High School: Long Island City High School
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 4
Room Information
Room 1 Information
  • Room Level: First
  • Room Type: Living Room
  • RoomDescription 1: Livingroom, Kitchen, Bath & 3 Bedrooms
Room 2 Information
  • Room Level: Second
  • Room Type: Living Room
  • Room Description: Livingroom, Kitchen, Bath & 2 Bedrooms
Room 3 Information
  • Room Level: Third
  • Room Type: Living Room
  • Room Description: Livingroom, Kitchen, Bath & 2 Bedrooms
Room 4 Information
  • Room Level: Other
  • Room Type: Living Room
  • Room Description: Livingroom, Kitchen, Bath & 3 Bedrooms
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 00503-0046
  • Tax Map Number: 00503-0046
Interior and Exterior Features
Interior Features
  • Amenities: Colonial, Near Public Transportation, Park, Public
  • Number Of Kitchens: 4.0
  • Total Rooms: 14
  • Living Area Units: Square Feet
  • Basement: Finished, Full
  • Fireplaces Total: 0
  • Location Amenities: Near Public Transportation
  • Common Walls: No Common Walls
Exterior Features
  • Exterior Property Features: None, Park, Near Public Transportation, Near Public Transit
  • Elevation Certificate: No
  • Construction Materials: Brick
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Dimensions: 26.42x100
  • Site Features: Park, Near Public Transportation, Near Public Transit
  • Building Area Units: Square Feet
Parking
  • Parking Features: None
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: No
  • Cooling: None
  • Heating: Natural Gas, Baseboard
  • Heat Fuel Type: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 4
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 4
Green Features
  • Green Features: Natural Gas, Baseboard

Property History for 11-27 31st Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11-27 31st Drive

Taxable ValueLand-Additions-Total-
Home Facts
APN4005030046

Schools near 11-27 31st Drive

This home is within New York City Geographic District #30.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
P.S. 171 Peter G Van Alst
PublicPK to 5

Long Island City High School
Public9 to 12

Young Womens Leadership School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.