Property summary
This exceptional 800-square-foot retail space is ideally situated in the heart of Astoria, Queens County. The property is a brand-new, single-tenant unit boasting floor-to-ceiling glass windows, providing excellent street visibility and natural light. A convenient bathroom is included within the space. A significant advantage is the building's 35-year tax abatement, eliminating property taxes for the duration. This presents a unique opportunity for substantial cost savings. Above the retail space are residential apartments, ensuring a vibrant and active surrounding environment. For businesses requiring additional space, there's an adjacent 1,000-square-foot area zoned for community facility use, available for lease if needed. This presents a rare chance to secure a prime retail location with significant long-term financial benefits and potential for expansion. The property's strategic location in Astoria, combined with its modern features and tax advantages, makes it an exceptional investment opportunity. The building's unique combination of residential and commercial spaces creates a dynamic and thriving atmosphere. This space is perfect for a variety of retail businesses seeking a high-visibility location in a bustling neighborhood.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning