25-02 Broadway

25-02 Broadway, Queens, NY 11106

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Property Information

  • For Sale $6,900,000
  • Property Type Other
  • Lot Size 0.06 Acre
  • Cap Rate % 0.04
  • NOI / YR $290,700.00
  • Taxes / YR $34,220.00
  • Date Updated Oct 31, 2026

Description

Prime Mixed-Use Corner Investment Astoria Rare opportunity to acquire a fully occupied mixed-use asset featuring 3 commercial units and 2 residential apartments, generating approx. $339K gross / $290K net (4.21% cap). Positioned on a high-visibility corner at Broadway & Crescent St with strong foot traffic and established tenants. Zoned R6A/C1-4 with significant upside approx. 3,800+ buildable sq ft of unused air rights. Minutes to N/Q trains. Ideal for investors seeking stable income in a prime Astoria corridor with long-term appreciation and development potential.

Contacts

Location

Located at 25-02 Broadway, Queens, NY 11106, this property is part of the LIC neighborhood and Queens market.

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  • 79/100 Very Bikeable
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