31-53 Steinway St - Storefront Retail/Office FOR SALE


Astoria, NY 11103- Downtown Astoria
$4,750,000 USD
646-502-3481
31-53 Steinway St, Astoria, NY for Sale
$4,750,000 USD
Storefront Retail/Office - FOR SALE
1/18
null | 7.16% Cap Rate

31-53 Steinway St
Astoria, NY 11103
Downtown Astoria


OVERVIEW

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

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$692 USD /SF

CAP RATE

7.16%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

C4-2A

APN/PARCEL ID

00678-0020

ASK ABOUT THIS PROPERTY

Thomas DonovanMeridian Capital Group, LLCMore Info
646-502-3481

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Thomas DonovanMeridian Capital Group, LLCMore Info
646-502-3481

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.