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, cafes, 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.
30-72 Steinway Street, Astoria, NY, 11103
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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