The Astor

36-20 Steinway Street, Long Island City, NY 11101

  • For Sale Submit Offers
  • Property Type Multi-Family
  • Property Size 136,005 SF
  • Units 143
  • Lot Size 1.13 Acre
  • Parking Spaces Avail. 200
  • Date Updated May 1, 2024
N/AAvison Young is pleased to present an outstanding opportunity to acquire the 99-year leasehold position with 92 years remaining at 36-20 Steinway Street, known as The Astor (the “Property”), a newly constructed six-story, 70/30 asset situated in the thriving Long Island City. The fully occupied property boasts 421a and ICAP tax abatements, along with a freshly secured 20-year retail lease to Lexus, ensuring a steady and reliable cash flow from day one.

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Highlights

  • Long-Term Affordable New York (421a) and ICAP Tax Abatements
  • New 20-Year Retail Lease to Lexus of Queens with a Corporate Guarantee
  • Strong Presence in Bustling Retail and Residential Corridor
  • Experience the Pinnacle of Luxury in the Thoughtfully Designed Units
  • Premier Amenities for Modern Living
  • Long Island City is the Fastest Growing Neighborhood in the Country and is Experiencing Some of the Highest Rental Growth in New York City
  • Submarket Appreciation
  • Convenient Access to Public Transportation

Contacts

broker

James Nelson

Avison Young - US - NY - New York

(212) 729-7140

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise
  • Transit Score ®

    100/100 Rider's Paradise
  • Bike Score ®

    76/100 Very Bikeable
Powered by Walk Score ®
  • City Long Island City, NY
  • Neighborhood LIC
  • Zip Code 11101
  • Market Queens

Points of Interest

  • 36th Street

    0.22 miles

  • Steinway Street

    0.38 miles

  • 36th Avenue

    0.38 miles

  • 39th Avenue

    0.46 miles

  • 46th Street

    0.59 miles

  • Broadway

    0.61 miles

  • 40th Street–Lowery Street

    0.63 miles

  • 33rd Street–Rawson Street

    0.69 miles

  • Queens Plaza

    0.73 miles

  • Queens Plaza (E,M,R)

    0.75 miles

  • Speedway

    0.05 miles

  • Shell

    0.28 miles

  • Lukoil

    0.50 miles

  • 55

    0.58 miles

  • Speedway

    0.65 miles

  • Citgo

    0.67 miles

  • Gas Trac

    0.68 miles

  • Mobil

    0.69 miles

  • Mobil

    0.70 miles

  • BP

    0.71 miles

  • Private Parking Lot

    0.93 miles

  • LaGuardia Community College Parking Lot

    0.97 miles

  • Central Parking System of New York, Inc.

    1.01 miles

  • FDNY Fleet Services

    1.31 miles

  • Motorgate Public Parking Garage

    1.43 miles

  • Astoria Park Parking

    1.67 miles

  • Quik Park

    1.68 miles

  • Surrey Garage

    1.90 miles

  • LaGuardia Airport Employee Parking

    2.26 miles

  • iClean

    2.26 miles

  • The Paper Factory Hotel

    0.18 miles

  • Hotel Vetiver

    0.51 miles

  • Home2 Suites

    0.52 miles

  • Holiday Inn Long Island City-Manhattan View

    0.54 miles

  • Quality Inn

    0.54 miles

  • Nesva Hotel

    0.56 miles

  • Fairfield Inn

    0.58 miles

  • Microtel Inn & Suites

    0.59 miles

  • Hotel Verve

    0.60 miles

  • Four Points by Sheraton

    0.61 miles

  • New York Pulao Kebab

    0.05 miles

  • Cafe Olé

    0.07 miles

  • La Choza del Gordo

    0.09 miles

  • Mundo New York

    0.17 miles

  • Dunkin'

    0.18 miles

  • Panera Bread

    0.19 miles

  • Applebee's

    0.20 miles

  • Unos

    0.20 miles

  • Subway

    0.20 miles

  • Tacuba

    0.21 miles

  • Frank Sinatra School of the Arts

    0.22 miles

  • Public School 166

    0.32 miles

  • Queens Lutheran School

    0.38 miles

  • Most Precious Blood School

    0.45 miles

  • Public School 112

    0.59 miles

  • Newcomers School

    0.67 miles

  • Academy of American Studies

    0.67 miles

  • Public School 4

    0.68 miles

  • William C Bryant High School

    0.69 miles

  • Aviation High School

    0.73 miles

  • The Learning Experience Day Care

    0.65 miles

  • Bright Horizons

    0.80 miles

  • Adventureland Child Care

    1.11 miles

  • Bright Start

    1.16 miles

  • Bright Start

    1.44 miles

  • My Treehouse

    1.55 miles

  • Astoria Child Daycare

    1.57 miles

  • NY Kids Club

    1.67 miles

  • City Owlets

    1.68 miles

  • Rainbowland Nursery School

    1.81 miles

Frequently Asked Questions

What is the total square footage of The Astor?

The Astor totals 136,005 square feet.

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Contact Listing Broker

broker

James Nelson

Avison Young - US - NY - New York

(212) 729-7140