2508 BroadwayAstoria, NY 11106

Property Details for 2508 Broadway

Year built

1947

Lot size

0.11 AC

Property type

Mixed-use properties

Description

This exceptional investment opportunity presents a mixed-use property ideally situated on Broadway in Astoria, New York. The property encompasses four distinct commercial storefronts, perfectly positioned to capitalize on the high foot traffic and vibrant commercial activity of this bustling neighborhood. The building sits on a sizable 0.11-acre lot, offering significant potential for future development or expansion. While the exact square footage is currently unavailable, the four-store configuration suggests substantial rentable space. The asking price for this strategically located commercial property is $6,500,000, representing a compelling investment in a thriving Astoria commercial corridor. This property is an excellent choice for investors seeking a strong return on investment in a prime location with high growth potential. The existing commercial tenants provide immediate cash flow, while the property's size and location offer significant long-term upside. This is a rare opportunity to acquire a well-established commercial property in a highly sought-after area of Queens, New York. Serious inquiries are encouraged to explore this lucrative investment prospect further. The property's prime location on Broadway ensures high visibility and accessibility, making it an attractive proposition for a diverse range of businesses. The robust commercial activity in the surrounding area further enhances the property's value and potential for future growth.

Location Insight

City

Astoria

County

Queens

State

New York

Latitude

40.7632

Longitude

-73.9282

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].