3329 Astoria Blvd - Storefront Retail/Residential FOR SALE


Astoria, NY 11103
$2,650,000 USD
786-300-2869
3329 Astoria Blvd, Astoria, NY for Sale
$2,650,000 USD
Storefront Retail/Residential - FOR SALE
1/23
null | 6.5% Cap Rate

3329 Astoria Blvd
Astoria, NY 11103


HIGHLIGHTS

  • 4AM Liquor license
  • Usable rooftop as amenity
  • Brand new 2019 built residential units
  • High performing restaurant lounge bar space

OVERVIEW

Seize the opportunity to own 33-29 Astoria Blvd North, an incredible 3,500 sq ft building perfect for both owner-users and investors. Featuring a highly popular 4 AM lounge that generates impressive income, this property includes two brand new residential units (2019) and a versatile rooftop space ideal for an amenity area, such as a dog park. With a 6.08% cap rate as-is, this building offers strong returns and the flexibility for tenants to renew or vacate, making it a dynamic investment. Additionally, the potential for city proposals to increase the FAR to 2 opens up exciting possibilities for future growth. Don’t miss out on this prime asset in a thriving location! KEY WORD SEARCHES: skylight, natural light, high exposed ceilings, exposed brick, polished concrete floors, storage area, tenant controlled central AC, HVAC after hours, meatpacking, creative, restaurant, cafe, venting, photography, architect, design, fashion, showroom, tech, technology, media, finance, financial, venture capital, private equity, trophy, high end, beautiful, amazing, spectacular, Alibaba, Apple, Audemars Piguet, Asics, Bally, Belstaff, Brunelli Cucinelli, Catch, Chelsea Market, Diane von Furstenberg, Fjallraven, Frame, Gansevoort Hotel, Giorgio Armani, Google, Gucci, High LIne, Hermes, Intermix, Kiehl's, Palantir, The Kooples, Live Nation, Loro Piana, lululemon Athletica, Marni, Patagonia, Rag & Bone, Restoration Hardware, Rolex, Samsung, Soho House, Standard Hotel, Starbucks Reserve, Tesla, Theory, Vans, Vince, Whitney Museum of American Art, event, liquor, lounge, events, restaurant, medical, high wattage, volts, data center.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$747 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R5B

APN/PARCEL ID

00836-0038

ASK ABOUT THIS PROPERTY

Jade ShenkerSerhantMore Info
786-300-2869

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Jade ShenkerSerhantMore Info
786-300-2869

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