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2301-05 Steinway Street 2 Retail Properties Offered at $7,500,000 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
Rare mixed-use development opportunity located at the highly visible corner of Steinway Street and 23rd Avenue in the heart of Astoria. The combined site offers approximately 39,000 square feet of as-of-right buildable area within an R6A/C2-4 zoning district, allowing for a thoughtfully designed six-story mixed-use building with ground floor retail and residential units above. The proposed development features prominent retail frontage along Steinway Street, and a contextual design that
complements the surrounding neighborhood. Situated on one of Astoria’s most active commercial corridors, the site benefits from strong pedestrian traffic, established retail
tenancy, and convenient access to public transportation, making it an exceptional opportunity for developers and investors seeking long-term value in one of Queens’
most desirable neighborhoods.
***Consult with an architect***
complements the surrounding neighborhood. Situated on one of Astoria’s most active commercial corridors, the site benefits from strong pedestrian traffic, established retail
tenancy, and convenient access to public transportation, making it an exceptional opportunity for developers and investors seeking long-term value in one of Queens’
most desirable neighborhoods.
***Consult with an architect***
Property Facts
| Price | $7,500,000 | Number of Properties | 2 |
| Price / SF | $789.47 / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 9,500 SF |
| Sale Type | Investment | Total Land Area | 0.17 AC |
| Status | Active |
| Price | $7,500,000 |
| Price / SF | $789.47 / SF |
| 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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2301-05 Steinway Street
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