3329 Astoria Blvd - Storefront Retail/Residential FOR SALE


Astoria, NY 11103
$2,750,000 USD
786-300-2869
3329 Astoria Blvd, Astoria, NY for Sale
$2,750,000 USD
Storefront Retail/Residential - FOR SALE
1/23
null | 6.08% Cap Rate

3329 Astoria Blvd
Astoria, NY 11103


HIGHLIGHTS

  • 4AM Liquor license
  • Usable rooftop as amenity
  • Brand new 2019 built residential units
  • High performing restaurant lounge bar space

OVERVIEW

Seize the opportunity to own 33-29 Astoria Blvd North, an incredible 3,500 sq ft building perfect for both owner-users and investors. Featuring a highly popular 4 AM lounge that generates impressive income, this property includes two brand new residential units (2019) and a versatile rooftop space ideal for an amenity area, such as a dog park. With a 6.08% cap rate as-is, this building offers strong returns and the flexibility for tenants to renew or vacate, making it a dynamic investment. Additionally, the potential for city proposals to increase the FAR to 2 opens up exciting possibilities for future growth. Don’t miss out on this prime asset in a thriving location!

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$776 USD /SF

CAP RATE

6.08%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R5B

APN/PARCEL ID

00836-0038

ASK ABOUT THIS PROPERTY

Jade ShenkerSerhantMore Info
786-300-2869

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Jade ShenkerSerhantMore Info
786-300-2869

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.