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30-72 Steinway St 5,300 SF 100% Leased Retail Building Long Island City, NY 11103 $2,980,000 ($562.26/SF)
EXECUTIVE SUMMARY
Located along the vibrant, high-traffic Steinway Street retail corridor, this mixed-use property offers exceptional visibility, stable demand, and strong investment potential. The lot measures 25' x 90' and is zoned C4-2A / R6A, with an existing 22' x 61' building footprint.
The ground floor features a prime street-front retail space equipped with a gas line—ideal for restaurants, cafés, boutiques, or a wide range of service businesses. The second and third floors each contain spacious 3-bedroom apartments, approximately 1,350 SF per unit, providing generous layouts and reliable residential rental income.
Just a few blocks from multiple subway stations, the property benefits from excellent transportation access, consistent foot traffic, and a highly desirable Astoria location. A rare opportunity for investors seeking a balanced asset with both commercial and residential revenue streams.
The ground floor features a prime street-front retail space equipped with a gas line—ideal for restaurants, cafés, boutiques, or a wide range of service businesses. The second and third floors each contain spacious 3-bedroom apartments, approximately 1,350 SF per unit, providing generous layouts and reliable residential rental income.
Just a few blocks from multiple subway stations, the property benefits from excellent transportation access, consistent foot traffic, and a highly desirable Astoria location. A rare opportunity for investors seeking a balanced asset with both commercial and residential revenue streams.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,300 SF
Building Class
C
Year Built
1927
Price
$2,980,000
Price Per SF
$562.26
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
10’
Building FAR
2.13
Lot Size
0.06 AC
Zoning
C4-2A - general commercial zoning district that allows for a mix of commercial and residential uses
Frontage
21’ on Steinway Street
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00660-0079 | Improvements Assessment | $196,650 |
| Land Assessment | $203,400 | Total Assessment | $400,050 |
PROPERTY TAXES
Parcel Number
00660-0079
Land Assessment
$203,400
Improvements Assessment
$196,650
Total Assessment
$400,050
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30-72 Steinway St
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