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12-Unit Mixed-Use Building
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40-13 Broadway, Queens, NY 11103

Four-story property combines street-level retail with leased residential apartments and PTAC heating and cooling.

Property Size13,900 SF
Days on Market141

Property Features for 40-13 Broadway

General Information

Standard status Active
Size 13,900 SF
Property subtype Mixed Use
Occupancy 100%

Additional Details

Public Transit Yes
Multifamily Units 10

Building Details

Buildings 1
Stories 4
Listing Agency: RIPCO Real Estate New York
Listed By: Andreas Efthymiou · License #NY 10401281448
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 5:47AM

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 RIPCO Real Estate New York

Investment Insights

Based on property information with market context.

This four-story mixed-use property contains approximately 13,900 square feet with two retail units at ground level and 10 apartments above. The residential component includes studios, one-bedroom units, two-bedroom units, and two penthouses on the top floor. Each apartment has a PTAC system providing heating and air conditioning. The building’s 421A tax exemption recently expired.

Located at the Broadway and Steinway intersection in Astoria, the property is positioned near a subway station and major thoroughfares. The retail spaces are occupied by established businesses with tenures of 10 years and 7 years, and both have exercised renewal options. The 12-unit configuration combines commercial and residential occupancy within a single building.

Key Highlights

  • Approximately 13,900 square feet across a four‑story mixed‑use building
  • 12 total units: two ground‑floor retail spaces and 10 residential apartments
  • Residential mix includes studios, one‑bedroom units, two‑bedroom units, and two penthouses

Property Analytics

Current Use

Wellness Center Pharmacy Pharmacy

Suggested Use

Top Pick Law Firm Real Estate Agency Nursing Home Garden Center Pet Grooming Service Adult Day Care

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

10
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

5,508
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four-story property combines street-level retail with leased residential apartments and PTAC heating and cooling.
Where is this mixed-use property located?
The property is located at 40-13 Broadway Queens, NY.
What are key features of this property?
This property features: Approximately 13,900 square feet across a four‑story mixed‑use building; 12 total units: two ground‑floor retail spaces and 10 residential apartments; Residential mix includes studios, one‑bedroom units, two‑bedroom units, and two penthouses
(516) 647-7155 Call to check price and availability
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