31-35 STEINWAY STREET

For Sale - Queens - Astoria

$6,500,000

Net Operating Income: Contact Agent

Ic expand

Key Details

Property Type
Commercial
Neighborhood
Astoria
Property Dimensions
50.0 x 90.0
Property Area
9,000 sq.ft.
Total Units:
1
Stories:
2
NOI
Contact Agent
Price
$6,500,000
Price Per Unit
$6,500,000
Cap Rate
-%

Listing Description

Formerly occupied by Victoria's Secret, the subject property is a two story, elevator serviced, 9,000 SF (approx.) retail building with 4,500 SF (approx.) of additional air rights, situated on a 4,500 SF (approx.) lot. Sandwiched between two adjacent retail buildings, the property enjoys 50 feet of frontage on the east side of Steinway Street between Broadway and 31st Avenue. Situated in a C4-2A zoning District, the property has a residential, commercial and Community use FAR of 3.0, which equates to a max development potential of 13,500.

• Centrally located in Astoria, Queens
• Prime Retail Corridor - 50' of Frontage on Steinway Street
• In proximity to a tremendous amounts of restaurants, bars and other nightlife locations
• Open layout
• Less than 1 block to the Steinway Street M and R subway station
• Less than .75 mile to the Grand Central Parkway
• 10 minutes into Manhattan
• Elevator Serviced
• Across the street from public parking

Property Details

Block/Lot:
678/27
Lot Dimensions
50.0 x 90.0
Lot Area
4,500 sq.ft
Zoning:
C4-2A
FAR as Built:
2.0
Max FAR:
3.0
Thomas DonovanB6 Real Estate Advisors
Contact Agent View Setup

Sales & Transactions

AddressSale PriceSale DateProperty Type
30-79 STEINWAY STREET$2,900,00007/30/2018Commercial
44-17 30 AVENUE$800,00007/16/2018Commercial
23-09 BROADWAY$3,050,00006/25/2018Commercial
22-39 31ST STREET$7,100,00006/19/2018Commercial
25-02 34TH AVENUE$3,100,00004/02/2018Commercial
37-17 30TH AVENUE$2,850,00003/29/2018Commercial
28-19 STEINWAY STREET$1,650,00001/26/2018Commercial
35-10 BROADWAY$6,675,00001/23/2018Commercial
46-11 BROADWAY$5,750,00002/03/2016Commercial
21-01 31ST STREET-01/13/2016Commercial