Full-Building Retail
30-75 Steinway Street Astoria, NY 11103
30-75 Steinway Street, Astoria, NY, 11103
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For Sale
Contact for pricing
Renovated full-building retail space spans three floors plus a basement, offering turnkey condition for immediate occupancy.
Property Size4,600 SF
Price / SF$586.96
Days on Market21
Property Features for 30-75 Steinway Street
General Information
- Standard status
- Active
- Size
- 4,600 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1930
Listing agency
B Square Realty
Listed by
Li Barbie Li · License #NY 10301212225
Source
Crexi
Added: Jul 1 Updated: Jul 21 at 1:08AM Checked: Jul 21 at 1:08AM
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 B Square Realty
Investment Insights
Based on property information with market context.
This full-building retail opportunity spans three full floors plus a full basement, providing significantly more usable space than a typical storefront. The interior has been fully renovated and is offered in turnkey condition, supporting immediate occupancy with minimal additional build-out or renovation. The layout is described as flexible, accommodating a range of customer-facing and operational needs, including retail, medical, showroom, educational, wellness, or other professional uses that require office areas, storage, and day-to-day operations within the building.
The property is located on Steinway Street in Astoria and is positioned on an established retail corridor. The offering highlights strong visibility and consistent pedestrian and vehicle traffic, along with convenient access to nearby subway lines and major routes connecting Queens and Manhattan.
Overall, the asset is a full-building commercial property designed to support both owner-occupancy and long-term investment use, with renovated interiors ready for a qualified business or redeployment by an investor.
The property is located on Steinway Street in Astoria and is positioned on an established retail corridor. The offering highlights strong visibility and consistent pedestrian and vehicle traffic, along with convenient access to nearby subway lines and major routes connecting Queens and Manhattan.
Overall, the asset is a full-building commercial property designed to support both owner-occupancy and long-term investment use, with renovated interiors ready for a qualified business or redeployment by an investor.
Key Highlights
- Approximately 4,600 SF full‑building retail opportunity on Steinway Street in Astoria
- Spans three full floors plus a full basement, providing expanded usable space versus a typical storefront
- Interior has been fully renovated and is in turnkey condition for immediate occupancy
Local Financial Insights For Retail
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 | $138.0k | $30.00 |
| − Vacancy | −$20.7k | −$4.50 |
| EGI | $117.3k | $25.50 |
| − OpEx | −$35.2k | −$7.65 |
| NOI | $82.1k | $17.85 |
4,600 SF · lease $30.00/SF/yr · vacancy 15.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.17M
$1.03M – $1.37M
NOI $82,110 @ 7.0% cap · market cap 3.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.39M
$2.97M – $3.96M
NOI $237,382 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
sr it solutions ...
(Bike/Boat/Book/etc) Store
Flagstar Bank
Atm
Queens Cannabis Clubs
Department Store
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FAQs
What type of property is this?
Retail space - Renovated full-building retail space spans three floors plus a basement, offering turnkey condition for immediate occupancy.
Where is this retail space located?
The property is located at 30-75 Steinway Street Astoria, NY.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Approximately 4,600 SF full‑building retail opportunity on Steinway Street in Astoria; Spans three full floors plus a full basement, providing expanded usable space versus a typical storefront; Interior has been fully renovated and is in turnkey condition for immediate occupancy
