31-70 Steinway St 2,250 SF Retail Building Astoria, NY 11103 $2,644,326 CAD ($1,175.26 CAD/SF) 5.20% Cap Rate

INVESTMENT HIGHLIGHTS

  • Please do not disturb tenants
  • Potential to build two more floors
  • Premium Location
  • Next to Chase Bank, Bank of America,TD Bank, Parking lot...

EXECUTIVE SUMMARY

Premium Location
Lot size 25x90 Built size 2200sqft
Zoning C4-2A, Re renovation 2024
Store front +basement
1Floor 2200 SF +basement 1600 SF
Potential to build two more floors
The current tenant uses the store to sell furniture.
Rent $11300 per month,
Net income $97173 per year
Next to Papa Chicken, Chase Bank, Bank of America, parking lot, best location.
Asking price $1,850,214
Please do not disturb tenants, call me for more information.
E Realty Coco 347-996-7996

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,250 SF
Building Class
B
Year Built/Renovated
1924/2024
Price
$2,644,326 CAD
Price Per SF
$1,175.26 CAD
Cap Rate
5.20%
NOI
$137,505 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.05 AC
Zoning
C4-2A - C4 districts are mapped in regional commercial centers that are located outside of the central business districts.
Frontage
20’ on Steinway St

AMENITIES

  • Bus Line

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • NY Best Furniture
  • Retailer
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
NY Best Furniture Retailer - - -
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (77)

NEARBY MAJOR RETAILERS

Blink Fitness
Chase Bank
Bank of America
Starbucks
Tiger Schulmann's Martial Arts
Td Bank
Planet Fitness
Orangetheory Fitness
Capital One
Citizens

PROPERTY TAXES

  • Listing ID: 35267507

  • Date on Market: 2025-03-26

  • Last Updated:

  • Address: 31-70 Steinway St, Astoria, NY 11103