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


Property

Website:https://www.nestseekers.com/5091544
Address:
New York, NY 11103
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

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of P R O Links Realty Inc