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    34-31 Steinway St S Astoria, NY 11101

    For Sale
    $5,700,000

    Commercial Building - Astoria, NY

    Days on Market:
    46
    Last Refresh:
    Dec 13 at 2:06 am

    Property Features for 34-31 Steinway St S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage

    Building Details

    Year built
    2003
    Year renovated
    2003
    Floors in Building
    3
    Architectural style
    Other

    Landair Property Advisors, LLC (646) 559-4700

    Listing agent Alexandre Goulet (646) 559-4700

    Listing date Oct 29, 2025

    MLS# 11598012 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Astoria Commercial Building for Sale

    Landair Property Advisors has been exclusively retained to sell 34-27 and 34-31 Steinway Street in the Astoria section of Queens. The asset consists of a 3-story elevatored commercial building with 15,975 SF. Constructed in 2003, the property features high ceilings, expansive views, and below-grade parking. The entrance to the parking is on 41st Street behind the property. The property is located less than 1 block from the M and R subway stop located at the corner of Steinway Street and 34th Avenue. There is potential to increase the cash flow as leases roll due to below market rents. Additionally, there are 5 years remaining on the ICIP tax abatement.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    HoLISTIC(LIMPIEZA DE CUTIL. Resort Hotel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Astoria
    County
    Queens
    State
    New York
    Longitude
    -73.921297
    Latitude
    40.755743

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    FAQs

    What type of property is this?
    Office building - Three-story commercial building with below-grade parking near subway.
    Where is this office building located?
    The property is located at 34-31 Steinway St S Astoria, NY.
    What is the asking price?
    The asking price for this property is $5,700,000.
    What are key features of this property?
    This property features: - Prime location: Less than 1 block from the M and R subway stop at Steinway Street and 34th Avenue.; - Elevatored commercial building with 15,975 SF.; - Below market rents offer potential for increased cash flow.
    (646) 559-4700
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    34-31 Steinway St S Astoria, NY 11101
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    Astoria, NY 11101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    34-31 Steinway St S Astoria, NY 11101
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