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2302-2314 36th Ave
Astoria, NY 11106
Astoria Multi Tenant Retail · Retail Property For Sale
Investment Highlights
- Urban Infill Location: The property is located in the Astoria submarket of Queens, New York, and benefits from a population of 1,128,685
- Corner Location: The property sits on a corner parcel at the intersection of 36th ave and 23rd street
- Rental Increases: Three of the five tenants are on leases that have 2.5 – 3.0% annual rent increases, providing a hedge against inflation
- Fully Leased NYC Metro Retail asset: The asset is fully leased until 2031 with an excellent mix of local and regional tenants
- Freeway Proximity: Property is ½ a mile from the Ed Koch Queensboro Bridge which sees +120,000 Vehicles per day
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
6,500 SF
Building Class
B
Year Built/Renovated
1931/2012
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.74
Lot Size
0.20 AC
Zoning
R5 - R5 Zoning in NYC is a low density contextual residential zoning district
Frontage
112’ on 36th Ave
Property Taxes
| Parcel Number | 00346-0018 | Improvements Assessment | $117,270 |
| Land Assessment | $236,250 | Total Assessment | $353,520 |
Property Taxes
Parcel Number
00346-0018
Land Assessment
$236,250
Improvements Assessment
$117,270
Total Assessment
$353,520
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