$2,400,000
Updated 6 years ago
Off Market

25-72 Steinway Street

Astoria, Queens | Steinway Street & 28th Ave

13 Rooms4 Beds3 Baths4,320 Square FeetMixed Use

$2,400,000
floors / apts3 / 2
Lot Size18'x95'
ZoneC4-2A
Building TypeLow-Rise
RE Taxes$7,221
Price Per SF
$556

Property Description for 25-72 Steinway Street

25-72 Steinway Street is a three unit, pre-war, mixed use building located on a major commercial thoroughfare. The retail unit is currently occupied and has a lease that expires in 2027. The residential units will be delivered vacant. 25-72 Steinway street offers significant upside through renovation of the two residential units. In addition, the property offers approximately 2,103 square feet of air rights. The combination of the location and the potential revenue make this property a prime opportunity for an investor or 1031 exchange buyer. Please view the property setup for more information.25-72 Steinway Street Setup (PDF)

Listing History for 25-72 Steinway Street

Now
08/26/2020
POM by Evan Daniel
Modern Spaces, LLC
05/28/2020
Expired by Evan Daniel
Modern Spaces, LLC

Building Details for 25-72 Steinway Street

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Astoria Blvd
0.36 miles
30 Av
0.43 miles

Citi Bike

Steinway St & 28 Ave
0.05 miles
25 Ave & 41 St
0.16 miles

Contact Agents

Contact Agents

Evan Daniel
Modern Spaces, LLC
Ashley Jeshiva
Modern Spaces, LLC
Edward DiTomasso
Modern Spaces, LLC

Astoria | Queens

Quick Profile

Although Astoria is largely a residential neighborhood, it is filled with unique mom-and-pop shops, trendy boutiques, a plethora of dining options representing cuisines from around the world, and lush green spaces where you can relax, walk along the East River, or just enjoy the Manhattan skyline. 

The atmosphere is laid back and almost small-town. In addition to luxury condos, pre-war buildings, single-family and semi-detached brick buildings, you will find low-rise buildings with apartments available at lower rents than are available in nearby Manhattan. If you enjoy shopping, you will find everything from locally handcrafted apparel and decor items to vintage treasures just waiting to be repurposed.

Astoria has long been known as a hub of Greek culture, with a burgeoning Greek community. You can barely walk a block without an opportunity to eat Greek food or experience some aspect of Greek culture. The Italian community is also quite large and well-represented in Astoria. Lately, there has been an influx of immigrants from all corners of the globe, making Astoria truly multicultural, and giving rise to eateries that offer unique gastronomic treats. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 78461TH