19-79 steinway street astoria, ny 11105...19-79 steinway street astoria, ny 11105 presented by asset...

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19-79 STEINWAY STREET ASTORIA, NY 11105 ASTORIA NEIGHBORHOOD RETAIL DEVELOPMENT OPPORTUNITY AVAILABLE FOR SALE | ASKING $5,500,000 Exclusively listed by Michelle Abramov Managing Principal Head of Investment Sales & Retail Leasing Direct: 646.767.6975 Mobile: 718.607.1920 [email protected] Joe Mast Director Mobile: 917.497.2375 [email protected] Proposed Rendering

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Page 1: 19-79 STEINWAY STREET ASTORIA, NY 11105...19-79 Steinway Street Astoria, NY 11105 Presented by Asset Commercial Realty Group, LLC A Full Service Commercial Real Estate Company New

19-79 STEINWAY STREET

ASTORIA, NY 11105

ASTORIA NEIGHBORHOOD

RETAIL DEVELOPMENT OPPORTUNITY

AVAILABLE FOR SALE | ASKING $5,500,000

Exclusively listed by

Michelle Abramov

Managing PrincipalHead of Investment Sales & Retail LeasingDirect: 646.767.6975Mobile: [email protected]

Joe MastDirectorMobile: [email protected]

Proposed Rendering

Page 2: 19-79 STEINWAY STREET ASTORIA, NY 11105...19-79 Steinway Street Astoria, NY 11105 Presented by Asset Commercial Realty Group, LLC A Full Service Commercial Real Estate Company New

19-79 Steinway StreetAstoria, NY 11105

Presented by Asset Commercial Realty Group, LLCA Full Service Commercial Real Estate Company

Pictures / Proposed Renderings

Existing Property Proposed Renderings

Page 3: 19-79 STEINWAY STREET ASTORIA, NY 11105...19-79 Steinway Street Astoria, NY 11105 Presented by Asset Commercial Realty Group, LLC A Full Service Commercial Real Estate Company New

19-79 Steinway StreetAstoria, NY 11105

Presented by Asset Commercial Realty Group, LLCA Full Service Commercial Real Estate Company

Opportunity Review

Property Details

Address 19-79 Steinway Street, Astoria, NY 11105

Block & Lot 801/1

Neighborhood Ditmars-Steinway

Cross Streets 19th Avenue & 20th Avenue

Description Retail Development Opportunity

Stories One

Units 2

Lot Dimensions 100’ x 100.01’

Lot Area (SF) 10,001 SF

Building Dimensions 100’ x 100’

Building Area (SF) 10,000 SF

Zoning M1-1

FAR 2.4

Total Allowable

Buildable24,002 SF

Year Built 1931

Unit Layout Breakdown

Unit Count Rentable SF

Commercial 2 10,000 SF

2 Unit 10,000 SF

❑ The asset is a retail development opportunity consisting of two commercial units in the Astoria

neighborhood

❑ The property will be delivered vacant

❑ Asset is located near the Subway Lines at Ditmars Blvd

❑ The building consists a total of 10,000 square feet and sits on a 10,000 SF lot

❑ The asset is a well positioned corner retail opportunity allowing for a total of 24,000 SF +/- to

be built (including the community facility) or to be kept for a self-use

❑ The asking price is set at $5,500,000 and we encourage all offers to be submitted

Nearby Retailers

Page 4: 19-79 STEINWAY STREET ASTORIA, NY 11105...19-79 Steinway Street Astoria, NY 11105 Presented by Asset Commercial Realty Group, LLC A Full Service Commercial Real Estate Company New

19-79 Steinway StreetAstoria, NY 11105

Presented by Asset Commercial Realty Group, LLCA Full Service Commercial Real Estate Company

Birds Eye View

I.S.141 The Steinway

Page 5: 19-79 STEINWAY STREET ASTORIA, NY 11105...19-79 Steinway Street Astoria, NY 11105 Presented by Asset Commercial Realty Group, LLC A Full Service Commercial Real Estate Company New

19-79 Steinway StreetAstoria, NY 11105

Presented by Asset Commercial Realty Group, LLCA Full Service Commercial Real Estate Company

New Residential Developments

Proposed plans for a mixed-use

development at 22-10 47th

Street

Proposed plans for residential

building on 2101 21st StreetProposed plans for a mixed-use

development at 23-71 31st Street

Across the Street New

Development of

83 Apartments, Office Space

& Anchored by Dollar Tree

Page 6: 19-79 STEINWAY STREET ASTORIA, NY 11105...19-79 Steinway Street Astoria, NY 11105 Presented by Asset Commercial Realty Group, LLC A Full Service Commercial Real Estate Company New

19-79 Steinway StreetAstoria, NY 11105

Presented by Asset Commercial Realty Group, LLCA Full Service Commercial Real Estate Company

Map / Tax Map

Page 7: 19-79 STEINWAY STREET ASTORIA, NY 11105...19-79 Steinway Street Astoria, NY 11105 Presented by Asset Commercial Realty Group, LLC A Full Service Commercial Real Estate Company New

19-79 Steinway StreetAstoria, NY 11105

Presented by Asset Commercial Realty Group, LLCA Full Service Commercial Real Estate Company

Survey

Page 8: 19-79 STEINWAY STREET ASTORIA, NY 11105...19-79 Steinway Street Astoria, NY 11105 Presented by Asset Commercial Realty Group, LLC A Full Service Commercial Real Estate Company New

19-79 Steinway StreetAstoria, NY 11105

Presented by Asset Commercial Realty Group, LLCA Full Service Commercial Real Estate Company

Property Photos

Page 9: 19-79 STEINWAY STREET ASTORIA, NY 11105...19-79 Steinway Street Astoria, NY 11105 Presented by Asset Commercial Realty Group, LLC A Full Service Commercial Real Estate Company New

19-79 Steinway StreetAstoria, NY 11105

Presented by Asset Commercial Realty Group, LLCA Full Service Commercial Real Estate Company

Exterior

Page 10: 19-79 STEINWAY STREET ASTORIA, NY 11105...19-79 Steinway Street Astoria, NY 11105 Presented by Asset Commercial Realty Group, LLC A Full Service Commercial Real Estate Company New

19-79 Steinway StreetAstoria, NY 11105

Presented by Asset Commercial Realty Group, LLCA Full Service Commercial Real Estate Company

Contact Advisors

Exclusively listed by

Michelle Abramov

Managing PrincipalDirect: 646.767.6975Mobile: [email protected]

Joe MastDirectorMobile: [email protected]

Broker Cooperation is Welcome!

Click Here to Email the Advisors

Asset Commercial Realty Group (AssetCRG) is a full service brokerage and

consulting firm in New York. Our business is structured through our tri-pillar system

which offers our clients investment sales, leasing and asset management

services. Our firm collectively has transacted on over $1 Billion worth of real

estate deals through investment sales, leasing, financing, and asset

management. At any given time we know we can service our clients needs

through our three core competencies- investment sales, leasing and property

management.

Click here for our current investment sales

Click here for our current available retail & office spaces for lease

Click here for our tenant requirements

The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Asset Commercial Realty Group, LLC (“AssetCRG”) and should not be made available to any other person or entity without the written consent of AssetCRG. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. AssetCRG has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, AssetCRG has not verified, and will not verify, any of the information contained herein, nor has AssetCRG conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers/tenants must take appropriate measures to verify all of the information set forth herein.

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