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3060 Steinway St 5,150 SF 100% Leased Retail Building Astoria, NY 11103 $3,426,025 CAD ($665.25 CAD/SF) 6% Cap Rate
Investment Highlights
- Heavy traffic block
- Major retailors on same block, across from company owned ATT store
- Mid block location on crosswalk full frontage view all times of storefront
Executive Summary
Prime investment property rarely on the market. 3rd floor two 2 bedrooms apartments with 2 full bathrooms each living room with sky lights 3 stories with lots of potential all leases short term or expired. Mid-block location at crosswalk with light highly visible store front.
Large upside potential for income increases All tenants pay own utilities. Best retail shopping block on Steinway Street.
Large upside potential for income increases All tenants pay own utilities. Best retail shopping block on Steinway Street.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$274,082
|
$53.22
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$274,082
|
$53.22
|
| Taxes |
$63,039
|
$12.24
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$63,039
|
$12.24
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $274,082 |
| Annual Per SF | $53.22 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $274,082 |
| Annual Per SF | $53.22 |
| Taxes (CAD) | |
|---|---|
| Annual | $63,039 |
| Annual Per SF | $12.24 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $63,039 |
| Annual Per SF | $12.24 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,150 SF
Building Class
C
Year Built
1930
Price
$3,426,025 CAD
Price Per SF
$665.25 CAD
Cap Rate
6%
NOI
$205,561 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.08
Lot Size
0.06 AC
Zoning
C4-2A - General Commercial Contextual district that permits a mix of commercial, residential,
Frontage
25’ on Steinway St
Amenities
- Security System
- Signage
- Signalized Intersection
- Skylights
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- -
- -
- -
- -
Astoria Dental Town is the state of the art dental clinic in the heart of Astoria. Our dental clinic offers prompt, affordable same-day dental care appointments at our convenient and comfortable Steinway St. office in Queens.
- Carole Herzlinger
- -
- -
- -
- -
- -
- Foam R Us
- Retailer
- -
- $57.56 CAD
- Plus Utilities
- Jul 2023
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | - | - | - | - | |
| Carole Herzlinger | - | - | - | - | - | |
| Foam R Us | Retailer | - | $57.56 CAD | Plus Utilities | Jul 2023 |
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00660-0074 | Total Assessment | $602,960 CAD (2025) |
| Land Assessment | $261,993 CAD (2025) | Annual Taxes | $63,039 CAD ($12.24 CAD/SF) |
| Improvements Assessment | $340,967 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
00660-0074
Land Assessment
$261,993 CAD (2025)
Improvements Assessment
$340,967 CAD (2025)
Total Assessment
$602,960 CAD (2025)
Annual Taxes
$63,039 CAD ($12.24 CAD/SF)
Tax Year
2024
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3060 Steinway St
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