Nest Seekers

Located along the vibrant, high traffic Steinway Street retail corridor, this mixed use property offers exceptional visibility, stable demand, and strong investment potential.

New York, NY 11103

Listing

Web ID:5091544
Website:https://www.nestseekers.com/5091544

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio

Financials

Price:$2,980,000
Annual Taxes:$43,053

Description

Located along the vibrant, high-traffic Steinway Street retail corridor, this mixed-use property offers exceptional visibility, stable demand, and strong investment potential. The lot measures 25' x 90' and is zoned C4-2A / R6A, with an existing 22' x 61' building footprint. The ground floor features a prime street-front retail space equipped with a gas line—ideal for restaurants, cafes, boutiques, or a wide range of service businesses. The second and third floors each contain spacious 3-bedroom apartments, approximately 1,350 SF per unit, providing generous layouts and reliable residential rental income. Just a few blocks from multiple subway stations, the property benefits from excellent transportation access, consistent foot traffic, and a highly desirable Astoria location. A rare opportunity for investors seeking a balanced asset with both commercial and residential revenue streams.

Amenities

  • Cable - Available
  • Electricity Available
  • Natural Gas Available
  • Sewer Available
  • View of property
  • View of property
  • Finished below grade area with a drop ceiling and dark wood-type flooring
  • Finished below grade area with a drop ceiling and dark wood-type flooring
  • Utility room featuring gas water heater, water heater, and a heating unit
  • Utility room featuring gas water heater, water heater, and a heating unit
  • Utilities featuring electric panel
  • Utilities featuring electric panel
  • Utility room featuring gas meter
  • Utility room featuring gas meter
  • View of home floor plan
  • View of home floor plan

Contact

Long Island City, NY
47-44 Vernon Blvd, Long Island City, NY 11101
Phone: +1 718-707-0200
Fax: +1 718-707-0233
lic@nestseekers.com
Listing Courtesy of P R O Links Realty Inc
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