Sold
25-34 Steinway Street
Astoria NY, 11103
$9,150,000
$642.11 per sqft
Sold
14,250 sqft
Commercial
Built in 2020
The subject property is a 4-Story elevatored mix-use building which is comprised of (2) commercial units on the ground floor w/ basement, (4) one-bedroom units on the second floor; (4) one-bedroom units on the third floor & (2) two-bedroom two bath units on the fourth floor. This mix-use building is anchored by Sitan Gym and Gorillas Technologies. The building is located in one of the best retail corridors in Queens. The property benefits from a 421-a and ICAP tax abatements that will keep real estate taxes minimal with the future upside of free market units. Tenants are responsible for their own electricity which includes heat. Each apt has a mini split unit and are separately metered which keeps the day-to-day operating expenses to a minimum. There is also an on-site coin-operated laundry & on-site storage lockers. With extra revenue streams & great tax benefits, this high-quality, meticulously maintained investment property is a prime opportunity that is simply too good to miss., Building Size:50 x 62
L3444577
MLSⓇ ID
November 20, 2022
Listed
February 24, 2025
Updated
Interior Features
Total Stories
4
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.11 Acres
Other Property Details
Taxes
$34,663
Tax Frequency
Annually
Days on Market
158
Garage
No
View
No
County
Queens
Zoning
C4-2A
Listed by Michael Lou Daniel J. Saat with Happy 8 Realty Corp
Listing Contact:
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kevin Hsiu shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 5:55 PM UTC, 2/24/2025