FOR SALE 18-65 Astoria, NY 11105

~15,000 SF Two Story Flex Building Asking Price with Ground Floor Indoor Parking $5,500,000 PROPERTY FEATURES

PROPERTY INFORMATION BUILDING INFORMATION ZONING INFORMATION FINANCIAL INFORMATION ADDRESS BUILDING SQ. FT. ZONING ASSESSMENT (20/21) 18-65 STEINWAY STREET, ASTORIA 14,860 Approx. M1-1 $600,840 LOCATION BUILDING DIMENSIONS COMMERCIAL FAR TAX RATE BETWEEN 19TH AVENUE AND 80’ x 100’ Approx. 1.0 10.694% BERRIAN BOULEVARD STORIES COMMUNITY FACILITY FAR TAXES (20/21) BLOCK / LOT 2 2.4 $64,454 802 / 102 LOT DIMENSION 80’ x 100’ Approx. GROSS LOT SQ. FT. 8,001 Approx.

PROPERTY SUMMARY

Cushman & Wakefield has been exclusively retained to arrange Street, 20th Avenue, Hazen street along with access to the NW for the sale of 18-65 Steinway Street in Astoria, NY. 18-65 subway line located at 31st Street & 23rd Avenue. Steinway Street is ~15,000 SF flex-building across two floors comprised of both office and warehouse/parking space. The 18-65 Steinway Street is located near “WildFlower Studios” which property is configured with two-ground floor warehouse/garages is currently under construction and slated for 500,000 SF film (15’ & 11.5’ ceiling heights) along with ten (10) office spaces and studio on 5.25 acres along 19th Avenue, LaGuardia International one (1) legal care takers unit. Airport and which recently undergone a $30MM renovation. The building was built by the owner and it’s the first The subject property is in proximity to both to the Grand Central time on the market for sale. Parkway & Brooklyn/ Expressway which allows for seamless connectivity to all boroughs and Long Island. Nearby Property inspections are by appointment only. Please inquire public transportation includes several bus lines (Q100, Q101, Q69) with Exclusive Brokers for more information. along , 21st Street, , Steinway

18-65 Steinway Street Astoria, NY 11105 FINANCIAL SUMMARY

REVENUE EXPENSES

MONTHLY LEASE MONTHLY TAX MONTHLY UNIT TENANT PROPERTY TAXES (20/21) $64,254 RENT EXP. RECOVERY RENT WAREHOUSE 1 AXIS CONSTRUCTION $11,845.00 M/M - $6,400 WATER AND SEWER $900

WAREHOUSE 2 GENDIS MARKETING $9,224.05 AUG-21 $1,015 $7,353 INSURANCE $4,200

OFFICE #1 HARDESTY & HANOVER $23,339.80 M/M - $1,200 FUEL (GAS) $1,200

OFFICE #2 POLONIA RESTORATION $3,582.17 JAN-23 - $700 ELECTRIC (COMMON AREA) $6,500

OFFICE #3 GBL MECHANICAL $9,224.05 JUN-21 - $750 REPAIRS AND MAINTENANCE $3,715

OFFICE #4 POLONIA RESTORATION $23,339.80 JAN-23 - $700 HANDICAP LIFT INSPECTION $1,000

OFFICE #5 GBL MECHANICAL $3,582.17 JUN-21 - $750 TOTAL EXPENSES $(81,769)

OFFICE #6 OLIVERIA CONTRACTING $9,224.05 MAR-22 - $3,000 NET OPERATING INCOME $214,910

OFFICE #7 ENVIRONMENTAL MNG $23,339.80 JUN-22 - $825

OFFICE #8 P&M AGENCY $3,582.17 DEC-24 - $773

OFFICE #9 P&M AGENCY $3,582.17 DEC-24 - $773

OFFICE #10 KLG CONTRACTING $3,582.17 M-M - $1,500

GROSS MONTHLY REVENUE: $24,723

GROSS ANNUAL REVENUE: $296,679

TAX MAP

STEINWAY STREET BERRIAN BLVD LOT 102 19TH AVENUE

41ST STREET

18-65 Steinway Street Astoria, NY 11105 PROPERTY PHOTOGRAPHY

INTERIOR PHOTOS

18-65 Steinway Street Astoria, NY 11105 PROPERTY MAP 0.2 Mi from Wildflower Studios

1.3 Mi from 1.7 Mi from Ditmars Blvd LaGuardia Station Airport

2.0 Mi from 2.0 Mi from

Demographics 88,620 $73,001 34 Population Median Household Income Median Age

18-65 Steinway Street Astoria, NY 11105 Stephen R. Preuss Andreas Efthymiou Rani Bendary Vice Chairman Director Associate +1 718 512 2118 +1 718 512 2621 +1 718 512 2106 [email protected] [email protected] [email protected]

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