Mixed-Use Building in South Astoria

3076 Steinway St, Queens, NY 11103

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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

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.

We can help!

Listing Contact

Yow Sim Chang

Learn more

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

We can help!

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

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

Location Insight

Map
Local Demand

City: Queens
County: Queens
State: New York
Longitude: -73.916498
Latitude: 40.76242

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For sale
Mixed-use properties
NY
Queens
11103
3076 Steinway St

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.