Log In/Sign Up
Your email has been sent.
31-53 Steinway St 6,860 SF 100% Leased Retail Building Astoria, NY 11103 $6,479,570 CAD ($944.54 CAD/SF) 7.16% Cap Rate
Executive Summary
Fully occupied, NNN leased property
Credit rated anchor tenant; Children’s Place has been at location since 2002 and signed a new lease in March of 2025
Retail space renovated in 2025 with new electrical and AC system; Second floor (offices) and third floor (apartments) fully gut renovated in 2021
In the heart of Astoria with many national retailers on the block
1 Block to the M and R subway station, allowing access to Manhattan in 10 minutes
Fully free market property
Ideal for a 1031 exchange
Credit rated anchor tenant; Children’s Place has been at location since 2002 and signed a new lease in March of 2025
Retail space renovated in 2025 with new electrical and AC system; Second floor (offices) and third floor (apartments) fully gut renovated in 2021
In the heart of Astoria with many national retailers on the block
1 Block to the M and R subway station, allowing access to Manhattan in 10 minutes
Fully free market property
Ideal for a 1031 exchange
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
6,860 SF
Building Class
C
Year Built/Renovated
1930/2020
Price
$6,479,570 CAD
Price Per SF
$944.54 CAD
Cap Rate
7.16%
NOI
$464,015 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 Street
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 | $888,426 CAD |
| Land Assessment | $369,152 CAD | Total Assessment | $1,257,578 CAD |
Property Taxes
Parcel Number
00678-0020
Land Assessment
$369,152 CAD
Improvements Assessment
$888,426 CAD
Total Assessment
$1,257,578 CAD
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
31-53 Steinway St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.