Astoria Mixed-Use Investment
32-33/35/37/39 Steinway Street, Astoria, NY 11103
COMMERCIAL - Astoria, NY
- Added:
- Apr 6, 2026
- Days on Market:
- 41
- Last Refresh:
- May 16 at 4:06 pm
Property Features for 32-33/35/37/39 Steinway Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C4-2A
- Rooms
- Basement
- Basement
- Storage Space, Full
- Standard status
- Active
- APN
- 00676-0033/32/31/30
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 73925
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 9
- Building materials
- Block
Listing agent Patricia Canale (917) 727-7748
Listing office Keller Williams Rlty Landmark 3255 Francis Lewis Blvd, Flushing, NY (718) 475-2700
Listing date Apr 6, 2026
MLS# 936699
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Rare contiguous portfolio of four mixed‑use buildings in Astoria.
- Diversified tenant base provides resilient cash flow.
- Strategic location on Steinway Street with high foot traffic.
- Upside potential with unrealized rent from a vacant commercial retail space.
- 100% occupancy across all residential units.
- Flexible C4‑2A zoning, near N/W trains and major bus routes.
Overview
This portfolio comprises four contiguous mixed-use buildings, presenting a unique investment opportunity in a desirable Astoria commercial area. The property features a diversified tenant base, including free market medical and retail spaces, along with seven rent-stabilized residential units, offering resilient cash flow and value-add potential. Situated on Steinway Street, a major commercial thoroughfare with high foot traffic and ongoing public investment, the C4-2A zoned property benefits from excellent visibility and a strong local demographic. The location is within an in-transit zone. All rent-stabilized residential units and one commercial space are currently leased. One free market commercial retail space is expected to be delivered vacant, offering an upside benefit of unrealized rent. The mix of seven rent-stabilized residential units (1 three bedroom, 1 two bedroom, and 5 one bedrooms) and two commercial spaces (1 medical office and 1 retail space) provides income diversity and long-term stability. All residential units are currently occupied, and one free market commercial space is occupied. One retail space is in legal transition and is expected to be delivered vacant. The flexible C4-2A zoning allows for mixed-use or potential future redevelopment. The property is located near N/W trains, major bus routes, and Queens roadways.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Medical Office Space
Map
- City
- Astoria
- County
- Queens
- State
- New York
- Longitude
- -73.9103
- Latitude
- 40.7628
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Four mixed-use buildings with income potential in Astoria's commercial corridor.
Where is this mixed-use property located?
The property is located at 32-33/35/37/39 Steinway Street Astoria, NY.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: Rare contiguous portfolio of four mixed‑use buildings in Astoria.; Diversified tenant base provides resilient cash flow.; Strategic location on Steinway Street with high foot traffic.
