Mixed-Use Building in South
3076 Steinway Street Astoria, NY 11103
For Sale
$2,390,000
SINGLE_FAMILY - Astoria, NY
Property Size4,500 SF
Lot Size0.05 Acres
Price / SF$531.11
Days on Market166
Property Features for 3076 Steinway Street
General Information
Property type
Residential
Property subtype
Retail
Zoning
C4-2A
Rooms
Basement
Standard status
Active
APN
00660-0180
Size
4,500 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
35344
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Central Air
Water source
Public
Building Details
Year built
1928
Building materials
Asbestos
Listing Agency:
EXP Realty
(888) 276-0630
Listed By:
Zhao Li · License #10401361860
(347) 399-8556
Added: Feb 14
Changed: May 14
Last Checked: Jul 30 at 3:06AM
MLS# 961702
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use masonry building is located in the South Astoria retail corridor. The property at 30-76 Steinway St features a total of 4,500 square feet across two levels, plus a full 10-foot ceiling height basement. Each floor provides 2,250 square feet. The property is zoned C4-2A (R6A), offering expansion or redevelopment possibilities. Approved plans allow for the conversion of the second floor into two independent 3-bedroom, 2-bathroom residential units of 1,125 sq. ft. each. Completion of this conversion and the issuance of a new Certificate of Occupancy may offer tax stabilization benefits. The property is located in a high-traffic area near Starbucks, Walgreens, Banana Republic Factory Store, and Planet Fitness. It is within walking distance to the Steinway St and 30th Ave stations, serving the E, F, N, W, and R subway lines. The property has additional air rights for vertical expansion of approximately 6,777 BSF total. The lot size is 0.0519 acres.
Key Highlights
- High‑visibility location on Steinway Street in South Astoria, near Starbucks and Walgreens.
- Approved plans for converting the second floor into two 3‑bedroom, 2‑bathroom residential units, with potential tax stabilization.
- C4‑2A (R6A) zoning offers significant upside through expansion or redevelopment, with approx. 6,777 BSF air rights.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $226.8k | $50.40 |
| − Vacancy | −$29.3k | −$6.50 |
| EGI | $197.5k | $43.90 |
| − OpEx | −$49.4k | −$10.97 |
| NOI | $148.2k | $32.92 |
4,500 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.12M
$1.85M – $2.47M
NOI $148,157 @ 7.0% cap · market cap 6.20%
Second Best
Apartment 5plus
$1.57M
$1.38M – $1.83M
NOI $110,000 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$3.32M
$2.90M – $3.87M
NOI $232,222 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - High-visibility mixed-use building with redevelopment potential in a prime location.
Where is this mixed-use property located?
The property is located at 3076 Steinway Street Astoria, NY.
What is the asking price?
The asking price for this property is $2,390,000.
What are key features of this property?
This property features: High‑visibility location on Steinway Street in South Astoria, near Starbucks and Walgreens.; Approved plans for converting the second floor into two 3‑bedroom, 2‑bathroom residential units, with potential tax stabilization.; C4‑2A (R6A) zoning offers significant upside through expansion or redevelopment, with approx. 6,777 BSF air rights.
