Property profile

32-72 Steinway St Queens, NY 11103

OFF-MARKET
Retail properties & Spaces
20,000 SF
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Property summary

AI-generated overview

This exceptional 20,000 square foot, five-story medical and executive office building located at 32-72 Steinway Street, Queens, NY 11103, offers a fantastic opportunity. Currently, 2,000 square feet of prime space is available for lease. Situated in the Astoria submarket, with convenient access to Broadway, this single-tenant building boasts a C4-4 zoning designation. The building underwent a complete renovation in 2011 and includes modern amenities such as elevators. The available space is a turnkey solution, perfectly suited for a medical practice. It features seven private offices, a spacious waiting area, and fully equipped bathrooms, ready for immediate occupancy. The monthly rent for this exceptional space is $11,500. While ideally suited for a medical practice, the flexible space can accommodate a variety of businesses. The building's prime location and modern features make it an attractive option for any business seeking a well-appointed and convenient space in a thriving Queens neighborhood. This is a rare opportunity to secure a move-in ready space in a desirable location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 20,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement HVAC Service
  • Law Firm
  • Physician
  • Real Estate Agency
  • Corporate Office

Location

32-72 Steinway St Queens, NY 11103
Queens metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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