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EXECUTIVE SUMMARY
Rare mixed-use property located in the heart of Astoria, Queens, offering tremendous upside within the current units. The asset consists of ground-floor commercial space with residential units above, positioned on a prime neighborhood block with strong retail demand, easy access to subways and consistent residential tenancy. The property is situated within C4 zone that allows for expanded residential and/or mixed-use development. Current built FAR is below the maximum allowable, presenting a compelling opportunity for investors or developers to increase square footage. Ideal for condominium, rental, or boutique mixed-use repositioning.
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PROPERTY FACTS
| Price | $1,750,000 | Building Class | C |
| Price Per Unit | $583,333 | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 2,500 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | ||
| Zoning | C4-2A - C4-2A | ||
| Price | $1,750,000 |
| Price Per Unit | $583,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 2,500 SF |
| No. Stories | 2 |
| Year Built | 1920 |
| Zoning | C4-2A - C4-2A |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
SITE AMENITIES
- 24 Hour Access
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Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 00656-0063 | Improvements Assessment | $42,193 |
| Land Assessment | $7,510 | Total Assessment | $49,703 |
PROPERTY TAXES
Parcel Number
00656-0063
Land Assessment
$7,510
Improvements Assessment
$42,193
Total Assessment
$49,703
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32-64 Steinway St
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