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Steinway Mixed-Use Building

$1,650,000

23-13 Steinway Street, Astoria, NY 11105

Active
Last Updated: 06/24/2025

8.8

Pro Forma Cap Rate

4,360 sqft

Building Size

Details:
Pro Forma Cap Rate :    8.8%
Building Size:    4,360 sqft
Units:    6
Year Built:    1930
Price Per Sqft:    $401
Floor:    3
Highlights:
  • 3-story walk-up building consisting of 5 apartments and 1 store
  • 100% Free-Market
  • Protected Tax Class 2A
  • Value-add potential
  • Long-term ownership; First sale in 40+ years
  • All the apartments can be converted to 2 bedrooms
  • The property is located on a busy retail corridor in Ditmars - Steinway with shopping, dining and entertainment options
Map:
Location
Gallery