The Astor

For Sale

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

This Long Island City property for sale is located at 36-20 Steinway Street. The current listed sale price for The Astor is Submit Offers. The Astor is situated on a lot that is 1.13 acre in size.

Contacts

broker

James Nelson

Avison Young - US - NY - New York

(212) 729-7140

Property Details

  • Property Type Multi-Family
  • Property Size 136,005 SF
  • Units 143
  • Lot Size 1.13 Acre
  • Parking Spaces Avail. 200
  • Date Updated Apr 20, 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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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

Getting around

  • 97/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 76/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Food Bazaar

    0.15 miles

  • Foodtown

    0.26 miles

  • C-Town

    0.35 miles

  • Key Food

    0.40 miles

  • Bonoful Grocery

    0.46 miles

  • Stop & Shop

    0.50 miles

  • Marshalls

    0.50 miles

  • Hu Department Store

    0.50 miles

  • DII Deals & Discounts

    0.52 miles

  • Muncan Food Corp

    0.53 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

James Nelson

Avison Young - US - NY - New York

(212) 729-7140