25th Ave Steinway St Queens, NY 11103
This exceptional mixed-use property, located at 25th Ave-28th Ave Steinway Street in Astoria, Queens, NY 11103, presents a compelling value-add investment opportunity. The three-story building boasts 4,101 square feet of net rentable space, divided into five individual units. Situated in a prime location on Steinway Street, a major retail hub known for its high foot traffic and thriving restaurant and cafe scene, this property benefits from exceptional visibility and accessibility. The C4-2A zoning permits a variety of uses, offering flexibility for future development and potential upside. The asking price is $2,000,000. This presents a rare chance to acquire a well-positioned mixed-use asset in a rapidly growing area of Queens, offering significant potential for increased rental income and long-term appreciation. The motivated seller is eager to finalize a transaction. Detailed financial information and property specifics are available upon request. This is an ideal investment for those seeking a value-add opportunity with significant potential for return.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.