2551 Steinway St. Astoria, NY 11103 | 2551 Steinway St
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2551 Steinway St. Astoria, NY 11103 2551 Steinway St
3,960 SF 100% Leased Retail Building Astoria, NY 11103 $2,800,000 ($707/SF) 4.25% Cap Rate
EXECUTIVE SUMMARY
DELIVERED VACANT COMMERCIAL SPACE! Prime Astoria Real Estate For Sale on Steinway Street. This Mixed-Use, Brick Property Boasts 2 Residential Units, 1 Commercial Unit, Beautiful Backyard Area, and Full Basement. Commercial Space is Currently a Cafe and Can Be Vacant at Closing. Make This Gem Yours Today. CALLING ALL BUSINESSES AND BUSINESS OWNERS!
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$120,000
|
$30.30
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$120,000
|
$30.30
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $120,000 |
| Annual Per SF | $30.30 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $120,000 |
| Annual Per SF | $30.30 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
3,960 SF
Building Class
C
Year Built
1920
Price
$2,800,000
Price Per SF
$707
Cap Rate
4.25%
NOI
$119,000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.04
Lot Size
0.04 AC
Zoning
R5 - R5 - Medium density district with a height limit of 40 feet
Parking
2 Spaces (0.51 Spaces per 1,000 SF Leased)
Frontage
154 FT on Steinway Street
AMENITIES
- 24 Hour Access
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (80)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00684-0125 | Improvements Assessment | $41,917 (2024) |
| Land Assessment | $7,387 (2024) | Total Assessment | $49,304 (2024) |
PROPERTY TAXES
Parcel Number
00684-0125
Land Assessment
$7,387 (2024)
Improvements Assessment
$41,917 (2024)
Total Assessment
$49,304 (2024)
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2551 Steinway St. Astoria, NY 11103 | 2551 Steinway St
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