2576 Steinway St, Astoria, NY 11103

3,375 SF | 100% Leased | Retail Building | Astoria, NY 11103 | $2,250,000 ($667/SF) | 5.53% Cap Rate

For Sale

Active

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Date Added:: September 16, 2024
Days on Market:: 7 days

Asking Price $2,250,000

Property Type: Retail
Square Feet: 3,375 SF
Price / Square Foot: $667

Listing Contacts

Victor Weinberger

Verified Profile

Property Info

Property Overview

Prime Astoria location mixed use multi-family with a store. This 3 story building is a 100% Occupied.
Grocery store is 1,100 SF (plus full bsmt) and the 2 apartments are 1,000 SF each.
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Property Video https://youtu.be/fprBllz1fOM (Copy link)
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Store has a lease until 8/2028.
Apartments have no leases.
*Gross Income: Approx: $163,200
*Expenses: Approx. $38,600
*NOI: Approx: $124,600
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Property is situated in an extremely desired area near Manhattan,near Astoria Park, near the subway, near LaGuardia Airport, near schools, houses of worship, hospitals and every major convenience. Great commercial area . Heavy pedestrian traffic. Major tenants are all around us.
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*LOT SIZE: 1,780 sq ft / 18.58 ft x 95.83 ft.
*BUILDING SIZE: 18.58 ft x 60 ft / 3,375 sq ft

*1st floor: 1,100 SF Grocery (plus full bsmt) $7,000.00 Per Month (Lease 08-2028)
*2nd Floor : 1,000 SF 3 Bedroom apartment: $3,100 Per Month (No Lease)
*3rd Floor : 1,000 SF 4 Bedroom apartment: $3,500 Per Month (No Lease)
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Exclusive Broker: Victor Weinberger of Re/Max Team, Inc
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* E-mail: [email protected]
* 917-806-7040 (cell)
* 917-591-8000 (eFax)
* 718-429-4400 (office)
* Web: https://lnkd.in/dUHVRTn

Property Details

Class: C
Year Built: 1920
Stories: 3
Property Subtype: Storefront Retail/Residential, Freestanding, Storefront Retail/Office, Office/Residential
Lot Size (sq. ft): 1,742 SF

Highlights

Heavy pedestrian traffic
Near Astoria Park
Near Manhattan
Near Major Shopping
Walk to subway
Conveniently located near all

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