Astoria Retail Building Is For Sale On Steinway Street Priced at $5.5 Million


| jlane@queenscourier.com |

A 6,497-square-foot one-story plus mezzanine and basement retail building, strategically located at 30-30 Steinway Street, which is Astoria, Queens’ main shopping thoroughfare, is on the market for sale exclusively through Eastern Consolidated priced at $5.5 million.

            Eastern Consolidated Senior Director Ronda Rogovin with Senior Financial Paul Nigido are promoting the sale of the property, a former bank building, which is triple net-leased to Sprint Spectrum LP until 2014, and which commands 37.5 feet of frontage along Steinway Street.

“Steinway Street is unquestionably Astoria’s busiest retail corridor,” said Ms. Rogovin who added that the 30-30 Steinway’s proximity to Manhattan is excellent via the N and Q trains at 30th Avenue, and by car via both the Triboro Bridge and the Brooklyn Queens Expressway.  “For anyone wishing a foothold in Astoria as it becomes more and more vibrant and popular, this is an excellent opportunity to invest in its most active commercial sector.”

National retailers along Steinway Street include Express, Zales Jewelry, Lane Bryant, Children’s Place, Sketchers, Bath and Body Works, Bennetton, Victoria Secret, Conways, and Footlocker among many more.

For further information about the offering, please contact Ms. Rogovin or Mr. Nigido at Eastern’s Midtown offices:  212 499-7700.

         

Eastern Consolidated

Founded in 1981, Eastern Consolidated is one of the country’s preeminent full-service real estate investment services firms, combining an unrivaled expertise in the greater New York marketplace with a worldwide roster of institutional and private investor clients.  Over the years, it has been responsible for the acquisition, disposition and finance of all types of properties, including office and apartment buildings, lofts, factories, hotels, shopping centers, commercial and residential development sites, taxpayers, parking garages and lots, retail condominiums and air rights transfers.