2538 Astoria Boulevard

For Sale$5,400,000

2538 Astoria Blvd, Astoria, NY 11102

  • Mixed Use

2538 Astoria Boulevard, Astoria, NY 11102 - Mixed Use Space

2538 Astoria Boulevard is located at 2538 Astoria Blvd in the Old Astoria neighborhood, NY, Astoria, 11102. The Mixed Use building was completed in 1907 and features a total of 15,350 Sqft.

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Details

  • Sale Price $5,400,000
  • City Astoria
  • Neighborhood Old Astoria
  • Zip Code 11102
  • Market Queens
  • Property Type Mixed Use
  • Property Size 15,350 Sqft
  • Units 26
  • Lot Size 0.13 Acre
  • Year Built 1907
  • Date Updated 22 Dec, 2020
  • Website www.triboroughmultifamily.com

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Description

Marcus & Millichap is pleased to offer 25-38 Astoria Boulevard, located between Crescent Street and 27th Street in the Astoria section of Queens, New York.

The subject property, 25-38 Astoria Boulevard, is a four-story mixed-use building that consists of four retail units and twenty-two residential units. The breakdown of apartments is 8 one-bedroom, 8 two-bedroom and 6 three-bedroom apartments. The property is built 50 feet by 87 feet on the first through fourth floors and sits on a 53 foot by 100 foot lot with approximately 5,500 gross square feet. The property is zoned C2-3/R6A allowing for approximately 1,160 gross square feet of available air rights (Block: 573, Lot: 40)

This property offers investors the rare opportunity to purchase a mixed-use building in good condition, with upside potential, on busy corridor in the Astoria section of Queens, New York.

FREQUENTLY ASKED QUESTIONS

What is the lease rate for 2538 Astoria Boulevard?

Rental asking rate at 2538 Astoria Boulevard is $5,400,000 per square foot.

What is the total square footage of 2538 Astoria Boulevard?

2538 Astoria Boulevard totals 15,350 square feet.

When was this property built?

2538 Astoria Boulevard was built in 1907.

Old Astoria Demographics

The average household income in zip code 11102 is $94,248, from a total of 12,945 households. In terms of employment, there are 89.43 % white-collar and 10.57 % blue-collar jobs in zip code 11102.

Population

  • Total Population29,747
  • Male Population(49.4 %) 14,682
  • Female Population(50.6 %) 15,065
  • Median Age34.30

Income/Financial

  • Average Household Income$94,248
  • Median Household Income$71,382
  • Median Income Under 25$60,208
  • Median Income 25-44$97,224
  • Median Income 45-64$57,056
  • Median Income Over 65$31,661

Commercial Brokers Register now to add listings

Matt Fotis

Marcus and Millichap

(212) 430-5206

Lazarus Apostolidis

Marcus and Millichap

(212) 430-5233