30-64 steinway st, Astoria, NY
Retail for Sale - $1,888,000 - 2,484 Sq. Ft. on 0.04 acres
Property Info
| CIMLS# | 1075098 |
| Location 30-64 steinway st Astoria NY 11103 | |
| Updated | September 16th, 2020 |
| Type | Retail |
| Price | $1,888,000 |
| Building | 2,484 Sq. Ft. |
| Land | 0.04 acres |
Property Description
The subject property is a 2-story plus basement commercial building in a prime location of Astoria. The building is located minutes away from the N,W,M,R train station and 3 minutes away from I278 Expressway. Tenant has been there for 20 years, $8500/month rent till Dec. 2024. The current rent is way below the market rate, a lot of potential to increase.
Current owner filed for a tax grievance with the city. A hearing is scheduled for Oct 2020. Seller is expecting a tax reduction
