25-76 Steinway St, Queens, NY 11103

Listing office RE/MAX Team v***@gmail.com Show Phone

Listing date Mar 19, 2024

Source Crexi

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Overview

This mixed-use property is located in a prime area of Astoria and features a two-family layout with a grocery store. The store spans 1,100 square feet and includes a full basement. Each of the two apartments offers 1,000 square feet of living space. The apartments are currently without leases. The store has a lease in place until August 2028. The property generates a yearly income of $163,000, with yearly expenses totaling $38,600, resulting in a net income of $124,400. The property is situated in a highly desirable area with convenient access to Manhattan, Astoria Park, the subway, and LaGuardia Airport. The surrounding commercial area is well-established and offers a range of conveniences. The location benefits from heavy pedestrian traffic. The stores and apartments in this area are easy to rent. The property size is 1,989 square feet.

Suggested Use

Law Firm Nursing Home Nursing Home Parking Lot & Garage Adult Day Care Clothing & Fashion Store Hotel & Motel Pet Grooming Service Home Appliance Store Restaurant

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

Location Insight

• Map
• Local Demand

City

Queens

County

Queens

State

New York

Longitude

-73.898639

Latitude

40.778557

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FAQs

What type of property is this?

Mixed-use property - Mixed-use property with store and apartments in prime Astoria location.

Where is this mixed-use property located?

The property is located at 25-76 Steinway St Queens, NY.

What is the asking price?

The asking price for this property is $2,250,000.

What are key features of this property?

This property features: High Net Income: $124,400 annually.; Prime Astoria location with heavy pedestrian traffic.; Mixed‑use 2 Family with a grocery store providing diverse income streams.