Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4302-4360 Ditmars Blvd Astoria, NY

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Fully built pizza restaurant and event space with storefront.

    Type:RETAIL
    Property size:
    4,750 SF
    Lot size:
    2.53 Acres
    Added:
    Aug 1, 2025
    Days on Market:
    277
    Last Refresh:
    Apr 5 at 9:01 pm

    Property Features for 4302-4360 Ditmars Blvd

    General Information

    Standard status
    Active
    Size
    4,750 SF
    Lot size
    2.53 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 4302-4360 Ditmars Blvd Contact us

    We can help!

    Listing Contact
    William P. O’Brien, SIOR

    Listing agent William P. O’Brien, SIOR

    Listing office M.C. O’Brien, Inc.

    Listing date Aug 1, 2025

    Source Moodyscre

    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 M.C. O’Brien, Inc.

    Overview

    Turnkey Restaurant and Event Space

    This property is a fully built pizza restaurant and event space. It features a distinctive storefront and has a size of 4,750 square feet. The property is located in Astoria, NY.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    • Mauzone Kosher Products — 2636 Borough Pl, Woodside, NY 11377
    • Food by Lovie — 2595 45th St #10, Astoria, NY 11103
    • Mauzone Catering By Celebration — 2636 Borough Pl, Woodside, NY 11377
    • Butcher Bar BBQ — 37-10 30th Ave., Queens, NY 11103
    • Eat Well with Danielle — 3038 Steinway St, Queens, NY 11103

    Location Insight

    • Map
    • Local Demand
    City
    Astoria
    County
    Queens
    State
    New York
    Longitude
    -73.9043
    Latitude
    40.7704

    Nearby Similar for Lease

    • $3,000/Mo

      Turnkey Medical Suite in Astoria

      Move-in-ready medical office in Ditmars-Steinway neighborhood.
      23-12 21st Avenue, Astoria, NY 11105
      View Details
    • $6,000/Mo

      Finished Office Space in Astoria

      Full-service office space in prime Astoria, Queens for rent.
      2449 47th Street, Astoria, NY 11103
      View Details
    • $4,000/Mo

      Astoria Retail or Office Space

      720 SF retail or office space in prime Astoria location.
      25-59 31st street, Astoria, NY 11102
      View Details
    • $13,500/Mo

      Astoria Retail Full-Building Opportunity

      4,600 SF retail space ideal for showroom or medical use.
      30-75 Steinway Street, Astoria, NY 11103
      View Details
    • $66 SF/Yr

      Astoria Retail Corner Space Available

      New construction retail space in a high-traffic Astoria location.
      31-16 21st Street, Astoria, NY 11106
      View Details
    • $7,600/Mo

      Turnkey Restaurant Space Available

      Restaurant space with beer & wine license in Astoria.
      37-14 31st Ave, Astoria, NY
      View Details
    • $4,000/Mo

      Astoria Office Space with Terrace

      1400 SF office space with direct street access.
      31-22 Steinway St, Astoria, NY
      View Details
    • Contact for pricing

      Turnkey Medical Office in Astoria

      6,500 SF medical office space available for lease.
      23-22 30th Ave., astoria, NY 11102
      View Details
    • $36,250 SF/Yr

      Newly Rehabbed Astoria Warehouse

      Newly rehabbed industrial warehouse in Astoria, New York available for lease.
      2004 33rd St, Astoria, NY
      View Details
    • Contact for pricing

      Restaurant Space with Mezzanine

      Restaurant space featuring an open floor plan and mezzanine level.
      1106 31st Dr, Astoria, NY
      View Details
    • $9,000/Mo

      Turn Key Office Space

      Office space for rent with high ceilings and hardwood floors.
      3627 36th St, Astoria, NY
      View Details
    • Contact for pricing

      Retail Space on Steinway Street

      6,800 SF retail space available for rent.
      31-27 Steinway Street, Astoria, NY 11103
      View Details

    FAQs

    What type of property is this?
    Restaurant - Fully built pizza restaurant and event space with storefront.
    Where is this restaurant located?
    The property is located at 4302-4360 Ditmars Blvd Astoria, NY.
    What are key features of this property?
    This property features: Fully built pizza restaurant; Event space; Distinctive storefront
    (718) 252-9191 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    William P. O’Brien, SIOR
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    4302-4360 Ditmars Blvd, Astoria, NY

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!