30-22 Steinway St
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30-22 Steinway St
4,612 SF 100% Leased Retail Building Astoria, NY 11103 $3,200,000 ($694/SF)
Investment Highlights
- Value-Add Retail or Mixed-Use Development Opportunity
- 37.5 feet of frontage on Steinway
- 100% Occupancy - tenants month/month at very under market rents
- Two stories plus full basement
Executive Summary
Schuckman Realty has been exclusively retained to sell the value-add retail or development opportunity at 30-22 Steinway St, a retail property consisting of two month-to-month tenants paying rents below market value.
Situated on the Steinway St retail corridor, with limited entry opportunities, the property enjoys a strategic location surrounded by a diverse array of both national chains and local businesses and is neighboring the local municipal parking lot.
The Property is currently built 4,600 square feet across two stories, boasting an impressive 37.5 feet of frontage plus full basement. The property is divided into two distinct spaces, one housing an eyebrow threading location taking a portion of the ground floor, and the other accommodating a martial arts studio spanning both the ground floor and the second level.
The property has an as-of-right 10,203 SF of air rights, which is the perfect size to create a small mixed-use building or a larger community facility.
Among the notable neighboring retailers are Key Food Supermarkets, NY Sports Club, Metro by T-Mobile, Dunkin', Express, Bond Vet, The UPS Store, Starbucks, Orange Fitness, Dollar Tree, Esquire Menswear, Banco Popular, Duane Reade, and Spectrum, along with numerous local establishments.
Convenient access to public transportation is provided by the nearby Broadway and 31st St station, serviced by the N and W trains.
Situated on the Steinway St retail corridor, with limited entry opportunities, the property enjoys a strategic location surrounded by a diverse array of both national chains and local businesses and is neighboring the local municipal parking lot.
The Property is currently built 4,600 square feet across two stories, boasting an impressive 37.5 feet of frontage plus full basement. The property is divided into two distinct spaces, one housing an eyebrow threading location taking a portion of the ground floor, and the other accommodating a martial arts studio spanning both the ground floor and the second level.
The property has an as-of-right 10,203 SF of air rights, which is the perfect size to create a small mixed-use building or a larger community facility.
Among the notable neighboring retailers are Key Food Supermarkets, NY Sports Club, Metro by T-Mobile, Dunkin', Express, Bond Vet, The UPS Store, Starbucks, Orange Fitness, Dollar Tree, Esquire Menswear, Banco Popular, Duane Reade, and Spectrum, along with numerous local establishments.
Convenient access to public transportation is provided by the nearby Broadway and 31st St station, serviced by the N and W trains.
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront
Building Size
4,612 SF
Building Class
C
Year Built
1930
Price
$3,200,000
Price Per SF
$694
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.36
Land Acres
0.08 AC
Zoning
C4-2 - C4 districts are mapped in regional commercial centers that are located outside of the central business districts. C4-2 are more densely populated.
Frontage
38 FT on Steinway St
Amenities
- 24 Hour Access
- Banking
- Metro/Subway
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (75)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 00660-0055 | Improvements Assessment | $252,520 |
| Land Assessment | $270,000 | Total Assessment | $522,520 |
PROPERTY TAXES
Parcel Number
00660-0055
Land Assessment
$270,000
Improvements Assessment
$252,520
Total Assessment
$522,520
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Matthew Colantonio -
Ryan Adhami -
Baruch Edelkopf -
Schuckman Realty, Inc.
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30-22 Steinway St
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