31-53 Steinway Street, Astoria, NY 11103
31-53 Steinway Street, Astoria, NY 11103
East side of Steinway Street between 31st Avenue and Broadway
Astoria
Astoria
Renovated, Fully Leased Mixed-Use Building
| Asking Pricing | $4,750,000 |
|---|---|
| Type | 7.16% Cap Rate |
| Neighborhood | Astoria |
| Lot Size | 27.67' X 90' |
| Zoning Code | C4-2A |
| Size | 6,822 SF plus full finished basement |
| Stories | 3 |
| Units | 9 |
Investment Highlights:
- Fully occupied, NNN leased property
- Credit rated anchor tenant; Children’s Place has been at location since 2002 and signed a new lease in March of 2025
- Retail space renovated in 2025 with new electrical and AC system; Second floor (offices) and third floor (apartments) fully gut renovated in 2021
- In the heart of Astoria with many national retailers on the block
- 1 Block to the M and R subway station, allowing access to Manhattan in 10 minutes
- Fully free market property
- Ideal for a 1031 exchange
Listing Contact Information
