Astoria Mixed-Use Investment
33-05 Broadway, Astoria, NY 11106
Mixed-use property in Astoria with high foot traffic.
Type:Commercial/Industrial
Property size:
1,064 SFLot size:
0.05 AcresPrice / SF:
$2,620/SF- Added:
- Mar 12, 2026
- Days on Market:
- 71
- Last Refresh:
- Apr 6 at 3:52 am
Property Features for 33-05 Broadway
General Information
- Standard status
- Active
- Size
- 1,064 SF
- Lot size
- 0.05 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1927
Listing agent Carmela Vlacich License #40VL0647854
Listing office Realty Executives Today (718) 274-2400
Listing date Mar 12, 2026
Source Exitrealty
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 Realty Executives Today
HighLights
- Prime Astoria location on Broadway with high foot traffic and proximity to N/W subway (15 minutes to Manhattan).
- Mix‑use property featuring a commercial space (restaurant) on the 1st floor and two 3‑bedroom apartments above.
- 5.2% Cap Rate with Net Operating Income of $155,898 and upside potential.
- Zoning C4‑2A allows for a total buildable area of approximately 5,960 square feet.
- Tenants cover all utilities and a portion of the property taxes.
- Each apartment is 1,050 sqft with 3 bedrooms.
Overview
This mixed-use property in Astoria, Queens, presents a smart investment opportunity with a 5.2% cap rate. Situated on Broadway, in the heart of Astoria, the location benefits from incredibly high foot traffic on one of the most popular main boulevards in Queens. The property is just steps from the N/W subway station, offering convenient access to Manhattan in approximately 15 minutes. The surrounding area features an array of restaurants, retail shops, and entertainment options. The zoning is C4-2A, with a maximum residential FAR of 3.0 and a maximum commercial FAR of 3.0, allowing for a total buildable area of approximately 5,960 square feet. The lot size is 19.25 by 103 feet, and the building size is 19.25 by 55 feet (Additional information: Building Size:19.33' X 55'). The setup includes a commercial space currently operating as a restaurant on the first floor, and two 3-bedroom apartments, each 1,050 square feet, on the second and third floors. The net operating income is $155,898 with upside potential. Expenses total $21,702, and total taxes are $19,300. Tenants are responsible for all utilities and partial property tax.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Astoria
- County
- Queens
- State
- New York
- Longitude
- -73.9333
- Latitude
- 40.7664
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property in Astoria with high foot traffic.
Where is this mixed-use property located?
The property is located at 33-05 Broadway Astoria, NY.
What is the asking price?
The asking price for this property is $2,788,000.
What are key features of this property?
This property features: Prime Astoria location on Broadway with high foot traffic and proximity to N/W subway (15 minutes to Manhattan).; Mix‑use property featuring a commercial space (restaurant) on the 1st floor and two 3‑bedroom apartments above.; **5.2% Cap Rate with Net Operating Income of $155,898** and upside potential.
