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25-76 Steinway St Queens, NY 11103

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Mixed-use property with store and apartments in prime Astoria location.

Type:Mixed Use, Retail
Property size:
1,989 SF
Added:
Mar 19, 2024
Days on Market:
762
Last Refresh:
Mar 17 at 1:25 pm

Property Features for 25-76 Steinway St

General Information

Standard status
Active
Size
1,989 SF
Property subtype
Mixed Use, Retail

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Listing Contact
Victor Weinberger

Listing agent Victor Weinberger License #NY

Listing office RE/MAX Team

Listing date Mar 19, 2024

Source Crexi

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 RE/MAX Team


Overview

Astoria Mixed-Use Income Property

This mixed-use property is located in a prime area of Astoria and features a two-family layout with a grocery store. The store spans 1,100 square feet and includes a full basement. Each of the two apartments offers 1,000 square feet of living space. The apartments are currently without leases. The store has a lease in place until August 2028. The property generates a yearly income of $163,000, with yearly expenses totaling $38,600, resulting in a net income of $124,400. The property is situated in a highly desirable area with convenient access to Manhattan, Astoria Park, the subway, and LaGuardia Airport. The surrounding commercial area is well-established and offers a range of conveniences. The location benefits from heavy pedestrian traffic. The stores and apartments in this area are easy to rent. The property size is 1,989 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Grocery and convenience stores

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.

Location Insight

  • Map
  • Local Demand
City
Queens
County
Queens
State
New York
Longitude
-73.898639
Latitude
40.778557

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with store and apartments in prime Astoria location.
Where is this mixed-use property located?
The property is located at 25-76 Steinway St Queens, NY.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: High Net Income: $124,400 annually.; Prime Astoria location with heavy pedestrian traffic.; Mixed‑use 2 Family with a grocery store providing diverse income streams.
More about this property
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