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    31-89 Steinway St Queens, NY 11103

    Sponsored
    For Lease
    Contact for pricing

    700 SF Retail Space, High Traffic Area

    Lot size:
    700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 700-square-foot retail space is ideally situated on Steinway Street in Queens County. Currently vacant and available for immediate possession, this single-tenant property offers a prime opportunity for a variety of businesses. Boasting a desirable ground floor location with 12-foot ceilings and a 15-foot frontage, the space benefits from excellent natural light and ample street visibility. A full basement is included, providing additional storage or potential for expansion. The property is surrounded by a thriving commercial district with high foot traffic, ensuring significant exposure to potential customers. Nearby established businesses include German Doner Kebab, Lot Less, Chipotle, Blink Fitness, Chase Bank, McDonald's, Popeye's, Fabco Shoes, GameStop, Dollar Tree, The Children's Place, and a Gap Factory Store, among many others. This location benefits from a dense residential neighborhood, guaranteeing a consistent customer base. The asking rent is available upon request. This is an exceptional opportunity to establish a successful business in a vibrant and well-populated area. Inquire today to learn more about this outstanding retail space.

    Property Features for 31-89 Steinway St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    700 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    700 SF

    HighLights

    • 700 SF retail space available for lease in Queens County.
    • High foot traffic location in a dense residential neighborhood.
    • Strong co‑tenancy including national brands like Chipotle, McDonald's, and Chase.
    • Ground floor space with a full basement, totaling 700 SF.
    • 15' frontage and 12' ceiling heights.
    • Immediate possession available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tea Makers Astoria ... Dessert Shop iPhone 8 Repair Mobile Phone Repair Shop Desbloqueado Samsung Galaxy ... Cell Phone Store Cell Phone Accessory ... Wholesaler iPhone επισκευή Κατάστημα Cell Phone Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.9187798
    Latitude
    40.7591172

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    FAQs

    What type of property is this?
    Retail property - 700 SF Retail Space, High Traffic Area
    Where is this retail property located?
    The property is located at 31-89 Steinway St Queens, NY.
    What are key features of this property?
    This property features: 700 SF retail space available for lease in Queens County.; High foot traffic location in a dense residential neighborhood.; Strong co-tenancy including national brands like Chipotle, McDonald's, and Chase.
    Request Owner's contact information
    31-89 Steinway St Queens, NY 11103
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    Queens, NY 11103
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    Realmo Value Estimation

    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.

    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.

    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
    31-89 Steinway St Queens, NY 11103
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