$9,150,000
$9,999,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
25-34 Steinway ST Astoria, NY 11103
14,250 SqFt
Key Details
Sold Price $9,150,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 14,250 sqft
Price per Sqft $642
MLS Listing ID L3444577
Sold Date 08/29/23
HOA Y/N No
Rental Info No
Year Built 2020
Annual Tax Amount $34,663
Source onekey2
Property Description
The subject property is a 4-Story elevatored mix-use building which is comprised of (2) commercial units on the ground floor w/ basement, (4) one-bedroom units on the second floor; (4) one-bedroom units on the third floor & (2) two-bedroom two bath units on the fourth floor. This mix-use building is anchored by Sitan Gym and Gorillas Technologies. The building is located in one of the best retail corridors in Queens. The property benefits from a 421-a and ICAP tax abatements that will keep real estate taxes minimal with the future upside of free market units. Tenants are responsible for their own electricity which includes heat. Each apt has a mini split unit and are separately metered which keeps the day-to-day operating expenses to a minimum. There is also an on-site coin-operated laundry & on-site storage lockers. With extra revenue streams & great tax benefits, this high-quality, meticulously maintained investment property is a prime opportunity that is simply too good to miss., Building Size:50 x 62
Location
State NY
County Queens
Interior
Heating Electric
Fireplace No
Exterior
Private Pool No
Building
Story 4
Others
Special Listing Condition None
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Bought with Grand Brilliant Realty NY Inc


