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Executive Summary

This rare, oversized 5,000 SF lot features a versatile commercial building with approximately 5,000 SF of interior space.
Located in one of Queens’ fastest-growing corridors, the property provides a unique opportunity for investors, trades, and business owners seeking well-located, highly accessible manufacturing, commercial or warehouse space. The building is currently leased to 3 separate commercial tenants. The first floor is sub-divided to both an autobody shop and a automotive mechanic. The 2nd floor is currently leased by a nail tech company.
Key Features
Lot Size: 50 ft x 100 ft
Building Size: Approx. 5,000 SF
Units: Currently leased to 3 commercial tenants
Zoning: M1-1
Ceiling Height: 15 ft high ceilings suitable for manufacturing, workshop, warehousing, retail and storage. Overhead door height is also 15 ft.
Parking: On-site lot with four spaces with convenient loading access for trucks and vans
Flexible Use Options
With three adaptable units and a wide layout, this property can accommodate a variety of uses, including:
Retail or showroom space
Contractor/trades headquarters
Light industrial or warehouse use
Auto-related services
Office or mixed-use business operations
Whether for an owner-operato or an income-producing investment, the property’s flexibility sets it apart in today’s market.
Strategic Location
Located at the crossroads of Astoria and Elmhurst, this site offers direct connectivity to LaGuardia Airport, Brooklyn Queens Expressway, Grand Central Parkway, and the RFK Bridge, ensuring seamless access to Manhattan, Brooklyn, the Bronx, and Long Island.
Public transportation is easily accessible with MTA bus lines and subway access via the R, N and W trains, all within a 15 minute walk.

Financial Summary (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $3,424,275 CAD
Price Per SF $668.67 CAD
Sale Type Investment or Owner User
Property Type Specialty
Building Class B
Lot Size 0.12 AC
Building Size 5,121 SF
No. Stories 2
Year Built 1946
Zoning M1-1 - Light industrial with offices, hotels, and most retail uses permitted
Very walkable
80/100
Fairly drivable
50/100
Strong public transit
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
00733-0013
Land Assessment
$98,619 CAD (2025)
Improvements Assessment
$194,156 CAD (2025)
Total Assessment
$292,776 CAD (2025)
  • Listing ID: 37412897

  • Date on Market: 2025-08-25

  • Last Updated:

  • Address: 2477 47th St, Astoria, NY 11103

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