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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

25-45 Steinway St Queens, NY 11103

1,300 SF
Property ID
Property summary
AI-generated overview

This exceptional turnkey restaurant and boba tea cafe opportunity is located in the vibrant Astoria, Queens neighborhood at 25-45 Steinway Street, NY 11103. The 1,300 square foot space, situated on a 1,933 square foot lot, features a newly renovated interior with tile floors, stainless steel appliances including a full-size grill with a large hood, and a seating capacity for 40 patrons. The property includes one bathroom and two split A/C units for climate control. A full, semi-finished basement provides ample storage space, and there is also access to a backyard. The 8-10 foot ceilings add to the spacious feel. This prime location offers immediate access to a wealth of amenities, including numerous businesses along Steinway Street and 30th Avenue, several schools (P.S. 070Q, P.S. 171, I.S. 010, I.S. 126Q), and several parks (Astoria Heights Playground, Athens Square, Columbus Square, Hoyt Playground). Excellent transportation options are readily available, with easy access to multiple bus routes (Q18, Q19, Q69, Q100, Q101, Q102, and M60-SBS), the N and W train station at 30th Avenue, and major roadways including Grand Central Parkway and the Brooklyn Queens Expressway. The asking price for this exceptional property is $230,000. This is a rare opportunity to acquire a thriving business in a highly desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,300 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mr. Chang Halal Chinese Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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