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31-53 Steinway St 6,860 SF 100% Leased Retail Building Astoria, NY 11103 $6,696,960 CAD ($976.23 CAD/SF) 7.25% Cap Rate
EXECUTIVE SUMMARY
Great opportunity. Priced very well. Can't find anything like this in Astoria, at this cap rate.
All our offices are probably below market for the area, based on some other buildings on the block that have older offices, and high rents per SF. 100% fully occupied along with a National Tenant just signed a long term lease.
Prime Location on Steinway St & Broadway
All our offices are probably below market for the area, based on some other buildings on the block that have older offices, and high rents per SF. 100% fully occupied along with a National Tenant just signed a long term lease.
Prime Location on Steinway St & Broadway
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,860 SF
Building Class
C
Year Built/Renovated
1930/2020
Price
$6,696,960 CAD
Price Per SF
$976.23 CAD
Cap Rate
7.25%
NOI
$485,530 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.62
Lot Size
0.06 AC
Zoning
C4-2A - General Commercial Contextual Zoning district in NYC
Frontage
28’ on Steinway St
AMENITIES
- 24 Hour Access
- Signage
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00678-0020 | Improvements Assessment | $916,868 CAD |
| Land Assessment | $380,970 CAD | Total Assessment | $1,297,838 CAD |
PROPERTY TAXES
Parcel Number
00678-0020
Land Assessment
$380,970 CAD
Improvements Assessment
$916,868 CAD
Total Assessment
$1,297,838 CAD
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Presented by
NETZ Commercial Realty
31-53 Steinway St
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