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Fully Occupied Mixed-Use Corner Property
For Sale
$6,900,000

25-02 Broadway, Queens, NY 11106

Fully leased asset combining three commercial units with two residential apartments in a transit-accessible Astoria corridor.

Property SizeContact for details
Days on Market137

Property Features for 25-02 Broadway

General Information

Standard status Active
Property subtype Commercial Mixed Use
Zoning R6A/C1-4
Occupancy 100%
Net Operating Income $290,000

Financials

Cap Rate 4.21%
Gross Income $339,000

Site & Location

Corner Location Yes
Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Building Details

Tenancy Multi
Listing Agency: Lucblue Realty LLC
Listed By: Lucy Badwan · License #LB4461
Source: Kirinny
Added: Apr 15 Changed: Aug 28 Last Checked: Aug 25 at 9:22AM

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 Lucblue Realty LLC

Investment Insights

Based on property information with market context.

This fully occupied mixed-use property at 25-02 Broadway in Queens combines three commercial units with two residential apartments. The asset is zoned R6A/C1-4 and includes approximately 3,800+ buildable square feet of unused air rights, providing additional development capacity within the existing zoning framework.

The property occupies the corner of Broadway and Crescent St in Astoria, with established commercial and residential occupancy. N/Q subway service is minutes away, connecting the property to surrounding Queens neighborhoods and the broader New York City transit network. Its corner placement and mix of income-producing spaces support a diversified commercial real estate profile.

Key Highlights

  • Three commercial units and two residential apartments
  • Fully occupied mixed‑use asset
  • R6A/C1‑4 zoning

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Nursing Home Pet Grooming Service Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,334
Businesses Nearby
257k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 59% Dining 18% Shops & Services 13% Groceries 7%
Costco Wholesale Superstores
152,636 visits/mo 0.3 miles
McDonald's Dining
24,841 visits/mo 0.2 miles
The Food Emporium Groceries
12,077 visits/mo 0.4 miles
Mobil Shops & Services
11,890 visits/mo 0.1 miles
BP Shops & Services
9,305 visits/mo 0.5 miles

Demographics for 11106, NY

41,722
Population
21,681
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
46,358
Density / Sq Mi
$85,573
Median Household Income
$62,254
Median Earnings
$2,032
Median Rent
$639,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased asset combining three commercial units with two residential apartments in a transit-accessible Astoria corridor.
Where is this mixed-use property located?
The property is located at 25-02 Broadway Queens, NY.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: Three commercial units and two residential apartments; Fully occupied mixed‑use asset; R6A/C1‑4 zoning
More about this property
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