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Two-Level Retail Storefront with High Ceilings
For Lease
$14,000/Mo

31-55 Steinway Street, Long Island City, NY 11103

Two-level retail space with open ground floor and 13.5-foot ceilings, plus lower level and rear loading track.

Space SizeContact for details
Property Size4,500 SF
Days on Market96

Property Features for 31-55 Steinway Street

General Information

Standard status Active
Size 4,500 SF
Property subtype Retail

Building Details

Building Size 4,500 SF
Stories 2
Listing Agency: NY Space Finders Inc
Listed By: Devin Navarro · License #10401349847
Source: Serhant
Added: Jul 6 Changed: Oct 2 Last Checked: Oct 7 at 6:15PM

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 NY Space Finders Inc

Investment Insights

Based on property information with market context.

This two-level retail storefront offers approximately 4,500 square feet with an open ground-floor layout featuring 13.5-foot ceilings, along with an additional lower level of approximately equal size. The lower level can support supplemental retail activity or back-of-house functions such as storage and production. Existing gas and HVAC systems are already installed to support an efficient build-out.

Located at 31-55 Steinway Street in Long Island City, the space is positioned near the subway and directly across from a neighborhood coffee shop. A rear loading track adds operational convenience for deliveries, and the area offers nearby parking along with strong transit access for customers and staff.

The configuration is wide-open and adaptable, making it well suited for a range of retail-focused concepts seeking a prominent, street-facing storefront with an on-site lower level.

Key Highlights

  • Approximately 4,500 sq ft retail space across two levels
  • 2,250 sq ft open ground floor with 13.5 ft ceilings
  • Additional 2,250 sq ft lower level for storage, production, or supplemental retail

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Nursing Home Clothing & Fashion Store Garden Center Pet Grooming Service

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

NNN (Triple Net)
Lease Type
$5.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,465
Businesses Nearby
58k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 50% Shops & Services 39% Home Improvements & Furnishings 11%
Lidl Groceries
29,153 visits/mo 0.2 miles
Dollar Tree Shops & Services
17,460 visits/mo 0.3 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
5,669 visits/mo 0.2 miles
Prime Storage Shops & Services
4,023 visits/mo 0.3 miles
Napa Auto Parts Shops & Services
863 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Long Island City, NY

$70.81 /SF/Yr
Avg Asking Price
$37.33–$120 /SF/Yr
Price Range
2,261 SF
Avg Space Size

This space is priced 47% below the average of $70.81 /SF/Yr.

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
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Similar Off Market Nearby

  • Modesto Cotrina - Floral Designer — 38-02 Astoria Blvd S, Astoria, NY 11103
  • LIC Florists — 3802 Ditmars Blvd, Long Island City, NY 11105
  • Astoria Florist — 2208 42nd St, Queens, NY 11105
  • Athena's Flower Shop — 32-12 23rd Ave, Astoria, NY 11105

Frequently Asked Questions

What type of property is this?
Storefront property - Two-level retail space with open ground floor and 13.5-foot ceilings, plus lower level and rear loading track.
Where is this storefront property located?
The property is located at 31-55 Steinway Street Long Island City, NY.
What is the lease rate?
The lease rate is $14,000/Mo.
What are key features of this property?
This property features: Approximately 4,500 sq ft retail space across two levels; 2,250 sq ft open ground floor with 13.5 ft ceilings; Additional 2,250 sq ft lower level for storage, production, or supplemental retail
More about this property
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