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Steinway Street Development Site 2 Retail Properties in Astoria, NY
INVESTMENT HIGHLIGHTS
- Premier corner location in Astoria’s vibrant retail corridor.
- As-of-right buildable area up to 39,227 sq. ft.
- Strong neighborhood demographics and retail synergy.
- Two contiguous lots delivered vacant for immediate redevelopment.
- Steps from N/W subway and minutes to LaGuardia Airport.
EXECUTIVE SUMMARY
Unlock the potential o f23-01, 23-05 Steinway Street located in the heart of Astoria. This 7,500 sq. ft. lot consists of 23-01 Steinway Street, 2,500 SF(25X100ft), a three-story building with a restaurant on the ground floor and residential tenants on the second and third floors, all of which can be delivered vacant. 23-05 Steinway Street, 5,000SF(50X100ft) is a one-story automobile repair facility and can be delivered vacant. Both lots are within the R5D zone allowing a favorable floor area ration(FAR). The site offers a unique opportunity to develop a mixed-use buildable area of up to 39,227 sq. ft. under as of right allowances. This property is ideally suited for residential and retail development providing flexibility for investors or developers seeking to capitalize on the thriving Astoria market. Steps from the Q101 Bus Stop and is a short walk to the 31st Street Astoria Ditmars N/W stop, this corner development site ensures convenience and connectivity, enhancing the value of future development. Don’t miss your chance to bring your vision of life to one of New York City’s most sought-after neighborhoods.
PROPERTY FACTS
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 9,500 SF |
| Status | Active | Total Land Area | 0.17 AC |
| Number of Properties | 2 |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 9,500 SF |
| Total Land Area | 0.17 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2305 Steinway St, Astoria, NY 11105 | Retail | 5,000 SF | 1930 | - |
| 2301 Steinway St, Astoria, NY 11105 | Retail | 4,500 SF | 1930 | - |
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Steinway Street Development Site
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