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    25-47 Steinway St Queens, NY 11103

    • Mixed-use properties
    • 3,420 SF
    For Sale
    View listing
    $2,125,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Hayati Lounge / Hookah Bar

    Property Details for 25-47 Steinway St

    Property size
    3,420 SF
    Property type
    Mixed-use properties

    Description

    This exceptional three-story mixed-use building in South Astoria, Queens, presents a compelling investment opportunity. Located at 25-47 Steinway Street, 11103, this property boasts 3,420 square feet on a 1,900 square foot lot, with an additional 2,280 square feet of air rights. Currently operating at 100% occupancy, the building comprises four free-market residential apartments and one commercial space, a restaurant with a lease expiring in July 2030. All residential tenants are on month-to-month leases

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.9124
    Latitude
    40.7667

    Comparable in this City

    • Value Estimation by Request

      25th Ave Steinway St

      Multifamily properties
      25th Ave Steinway St, Queens, NY 11103
      View Details
    • Value Estimation by Request
      3,420 SF

      25-47 Steinway St

      Individual retail properties • 3,420 SF
      25-47 Steinway St, Astoria, NY 11103
      View Details
    • Value Estimation by Request
      13,900 SF

      4013-4015 Broadway

      Mixed-use properties • 13,900 SF
      4013-4015 Broadway, Queens, NY 11103
      View Details
    • Value Estimation by Request
      1,989 SF

      25-76 Steinway St

      Individual retail properties • 1,989 SF
      25-76 Steinway St, Queens, NY 11103
      View Details
    • Value Estimation by Request

      32-42 45Th St

      Mixed-use properties
      32-42 45Th St, Astoria, NY 11103
      View Details
    • Value Estimation by Request
      2,700 SF

      33-10 28Th Ave

      Mixed-use properties • 2,700 SF
      33-10 28Th Ave, Queens, NY 11103
      View Details

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    Similar Nearby for Lease

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    25-47 Steinway St
    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
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