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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***

Property Facts

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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  • Listing ID: 38816166

  • Date on Market: 12/18/2025

  • Last Updated:

  • Address: 2301-05 Steinway Street, Astoria, NY

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