25th Ave Steinway St Queens, NY 11103
- Mixed-use properties
Current Use by Public Records
- Mixed-use properties
Property Details for 25th Ave Steinway St
- Property type
- Mixed-use properties
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.9137
- Latitude
- 40.7655
