20-70A Steinway Street presents a fantastic opportunity to acquire a mixed-use asset situated on one of Queens’ most iconic and high traffic thoroughfares. This well-maintained property offers a diversified income stream through a strategic blend of retail, residential units, and private indoor parking.
Property Highlights
- High Visibility Retail (1 Unit)
- Residential Component (4 1br/1bth Apartments)
- Private 2-Car Garage (1 Unit)
The property is situated in the northern section of Steinway Street. The ground floor retail unit benefits from commercial zoning, which supports a wide array of high-street users. The retail and residential components provide fully occupied rentals. Private, enclosed parking garages are scarce commodities in Astoria, providing a value-add amenity to an apartment or a separate monthly income based upon a separate lease.
Note: 20-70 Steinway Street is also available, consisting of a retail store, 3 residential apartments, and a garage.
Property Features
Utilities
Natural Gas Available
Cable Available
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Parking
Garage
On Street
Cooling Information
None
Heating Information
Natural Gas
Water Features
Public
Basement
Full
Listing Courtesy: Compass Greater NY LLC - 516-517-4751