Building Details

Buildings 1

Listing Agency: American Investment Properties r**@aiprops.com Show Phone

Listed By: Ron Koenigsberg CCIM · License #NY 31K00933350

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 6:55PM

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Investment Insights

Based on property information with market context.

This mixed-use property contains one commercial unit and two residential units within the same building. The residential apartments are occupied at rents below prevailing market levels.

The property is positioned among neighborhood retail businesses, with multiple transportation options located nearby. Its configuration brings commercial and residential space together in a single asset.

Key Highlights

• One commercial unit and two residential units
• Residential units currently lease below market levels
• Surrounded by neighborhood retail businesses

Property Analytics

Property Profile

Current Use

Villa Restaurant and Lounge Bar & Pub Marrakesh Bar & Pub Marrakesh Restaurant & Lounge Bar & Pub

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Parts Store Big Box & Wholesale Store Dental Office

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

Location Intelligence

Trade Area within ½ mile

1,465

Businesses Nearby

Explore this area Business Placement

Demographics for 11103, NY

37,362

Population

18,833

Households

2

Avg Household Size

36

Median Age

52%

College-Educated

89%

High-School Grad

0.7 sq mi

ZIP Area

53,374

Density / Sq Mi

$92,787

Median Household Income

$59,050

Median Earnings

$2,120

Median Rent

$1,003,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Combines commercial frontage with two residential residences in a neighborhood retail setting.

Where is this mixed-use property located?

The property is located at 25-39 Steinway St Queens, NY.

What are key features of this property?

This property features: One commercial unit and two residential units; Residential units currently lease below market levels; Surrounded by neighborhood retail businesses