- Bedrooms: 10
- Size: 2058.27 m²
- Price: $9,998,000
Location, Location, Location! Exceptional mixed-use investment opportunity in the heart of Long Island City/Astoria! Built in 2017, this modern 4-story elevator building spanning 2,058 sq ft offers a fully leased, move-in ready configuration with 10 residential units and 2 ground-floor retail spaces. The residential portion includes: Four (4) one-bedroom units on the second floor Four (4) one-bedroom units on the third floor Two (2) spacious two-bedroom, two-bathroom units on the fourth floor Each unit is individually metered and tenants pay their own utility bills. Additional tenant-friendly amenities include on-site laundry facilities and individual storage lockers. The retail units benefit from excellent visibility and foot traffic on Steinway Street, one of Queens' most active retail corridors. Both units include basement access, enhancing their usability and appeal to tenants. Situated on a 4,855 sq ft lot with C4-2A zoning, the building enjoys significant tax advantages, including a 421-a abatement on the residential portion and ICAP abatement on the commercial units – keeping 2024 property taxes at just $34,663. Conveniently located near multiple public transportation option