25-34 Steinway St Astoria, NY 11103

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.