Commercial Sale in New York

$2,390,000

3076 Steinway, 11103, New York, NY

Commercial Sale for sale in New York, 3076 Steinway, 11103

3076 Steinway, 11103, New York, NY

$2,390,000

Type: Commercial Sale

Description

Exceptional opportunity to acquire a high-visibility, mixed-use masonry building located in the vibrant South Astoria retail corridor. Situated at 30-76 Steinway St, this versatile property features a total of 4, 500 square feet across two levels plus a full 10-foot ceiling height basement. Each floor offers a spacious 2, 250 square feet, providing an ideal footprint for retail, office, or residential conversion. The property is situated within a C4-2A (R6A) zoning district, offering significant upside through expansion or redevelopment. Current approved plans allow for the conversion of the second floor into two independent 3-bedroom, 2-bathroom residential units (1, 125 sq. ft. each). Completion of this conversion and the issuance of a new Certificate of Occupancy may offer significant tax stabilization benefits. Located in a high-traffic destination with elite neighbors including Starbucks, Walgreens, Banana Republic Factory Store, and Planet Fitness. Accessibility is unmatched, being within walking distance to the Steinway St and 30th Ave stations, serving the E, F, N, W, and R subway lines. With a projected CAP rate exceeding 7% and additional air rights for vertical expansion (approx. 6, 777 BSF total), this is a strategic asset for owner-users and savvy investors alike.

Location

3076 Steinway, 11103, New York, NY

Data

Object TypeCommercial Sale
Purchase Price$2,390,000
Living Space0 m²
Plot Size209.87 m²
BathroomsN/A
Construction Year1928
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeBaseboard
Primary Energy SourceN/A
Construction Year1928
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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