Description
20-70A Steinway Street presents a fantastic opportunity to acquire a mixed-use asset situated on one of Queens’ most iconic and high traffic thoroughfares. This well-maintained property offers a diversified income stream through a strategic blend of retail, residential units, and private indoor parking. Property Highlights - High Visibility Retail (1 Unit) - Residential Component (4 1br/1bth Apartments) - Private 2-Car Garage (1 Unit) The property is situated in the northern section of Steinway Street. The ground floor retail unit benefits from commercial zoning, which supports a wide array of high-street users. The retail and residential components provide fully occupied rentals. Private, enclosed parking garages are scarce commodities in Astoria, providing a value-add amenity to an apartment or a separate monthly income based upon a separate lease. Note: 20-70 Steinway Street is also available, consisting of a retail store, 3 residential apartments, and a garage.
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Description
20-70A Steinway Street presents a fantastic opportunity to acquire a mixed-use asset situated on one of Queens’ most iconic and high traffic thoroughfares. This well-maintained property offers a diversified income stream through a strategic blend of retail, residential units, and private indoor parking. Property Highlights - High Visibility Retail (1 Unit) - Residential Component (4 1br/1bth Apartments) - Private 2-Car Garage (1 Unit) The property is situated in the northern section of Steinway Street. The ground floor retail unit benefits from commercial zoning, which supports a wide array of high-street users. The retail and residential components provide fully occupied rentals. Private, enclosed parking garages are scarce commodities in Astoria, providing a value-add amenity to an apartment or a separate monthly income based upon a separate lease. Note: 20-70 Steinway Street is also available, consisting of a retail store, 3 residential apartments, and a garage.
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