You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

32-87 Steinway St Queens, NY 11103

Property ID
Property summary
AI-generated overview

This exceptional commercial property at 32-87 Steinway Street in Astoria, Queens, presents a unique investment opportunity. The building offers a substantial 11,000 square feet of ground-level retail space, previously occupied by Rite Aid, providing ample room for a diverse range of businesses. The expansive layout is complemented by an additional 5,000 square feet of basement space, perfect for storage, expansion, or supplementary retail operations. A convenient freight elevator ensures efficient movement of goods and merchandise throughout the building. This prime corner location benefits from exceptional visibility and accessibility, situated directly adjacent to a subway station, ensuring convenient access for both customers and employees. The property's strategic placement, just one block from the Innovation QNS development, positions it ideally for businesses within the technology and innovation sectors. This high-traffic location in the vibrant Astoria neighborhood of Queens County, New York (zip code 11103) offers unparalleled potential for a thriving business. The property's size, location, and amenities make it an exceptional opportunity for businesses seeking a prominent presence in a rapidly growing area. This single-tenant retail space is ready for its next chapter.

Property profile
Verified
Property type Retail properties & Spaces
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
  • Rite Aid Pharmacy Pharmacy
  • KeyMe Locksmith
  • TD Bank ATM Atm
  • higi Physician
  • Spirit Halloween (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 32-87 Steinway St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message