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    Mixed-Use Building in South Astoria Title is generated by Realmo AI

    3076 Steinway St, Queens, NY 11103

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    Claim this Listing
    For Sale
    $2,390,000

    High-visibility, mixed-use building with expansion potential in a prime location.

    Type:Commercial
    Property size:
    4,500 SF
    Price / SF:
    $531/SF
    Added:
    Apr 24, 2026
    Days on Market:
    53
    Last Refresh:
    Apr 24 at 3:14 pm

    Property Features for 3076 Steinway St

    General Information

    Standard status
    Active
    Size
    4,500 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1928

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    Listing Contact
    Yow Sim Chang

    Listing agent Yow Sim Chang License #10401361860

    Listing office eXp Realty

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

    HighLights

    • Prime location in the high‑traffic South Astoria retail corridor on Steinway Street.
    • High TransitScore of 100, with easy access to the E, F, N, W, and R subway lines.
    • Approved plans for conversion of the second floor into two independent 3‑bedroom, 2‑bathroom residential units.
    • Significant redevelopment potential due to C4‑2A (R6A) zoning.
    • Versatile 4,500 sq ft mixed‑use building with two 2,250 sq ft floors and a full 10‑foot ceiling height basement.
    • Projected CAP rate exceeding 7%, making it a strategic investment opportunity.

    Overview

    This mixed-use masonry building, located in the South Astoria retail corridor at 30-76 Steinway St, offers 4,500 square feet of space across two levels, plus a full 10-foot ceiling height basement. Each floor provides 2,250 square feet, suitable for retail, office, or residential conversion. The property is zoned C4-2A (R6A), allowing for expansion or redevelopment. Approved plans are in place to convert the second floor into two independent 3-bedroom, 2-bathroom residential units, each 1,125 sq. ft. Completing this conversion and obtaining a new Certificate of Occupancy may provide tax stabilization benefits. The property is located in a high-traffic area near Starbucks, Walgreens, Banana Republic Factory Store, and Planet Fitness. Transportation is convenient, with walking distance to the Steinway St and 30th Ave stations, serving the E, F, N, W, and R subway lines. The location has a bike score of 69, walk score of 96, and transit score of 100. Additional air rights allow for vertical expansion (approximately 6,777 BSF total).

    Local 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 (±1% cap)
    NOI $148,157 @ 7.0% cap · market cap 6.20%
    Second Best
    Apartment 5plus
    $1.57M
    $1.38M – $1.83M (±1% cap)
    NOI $110,000 @ 7.0% cap · market cap 4.60%
    Theoretical Best
    Office A
    $3.32M
    $2.90M – $3.87M (±1% cap)
    NOI $232,222 @ 7.0% cap · market cap 9.72%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.916498
    Latitude
    40.76242

    FAQs

    What type of property is this?
    Mixed-use property - High-visibility, mixed-use building with expansion potential in a prime location.
    Where is this mixed-use property located?
    The property is located at 3076 Steinway St Queens, 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: Prime location in the high‑traffic South Astoria retail corridor on Steinway Street.; High TransitScore of 100, with easy access to the E, F, N, W, and R subway lines.; Approved plans for conversion of the second floor into two independent 3‑bedroom, 2‑bathroom residential units.
    More about this property
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