2508 BroadwayAstoria, NY 11106

For Sale
$6,500,000

Prime Astoria Commercial Property, High-Traffic Location

Overview

Added:
Feb 3
Days on market:
41
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.

Property Details for 2508 Broadway

Property type
Mixed-use properties, Other mixed-use properties
Year Built
1947
Lot Size (sq. ft)
4,792 SF

Location Insight

City
Astoria
County
Queens
State
New York
Latitude
40.76316
Longitude
-73.92822
2508 Broadway, Astoria, New York

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2508 Broadway
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