34-01 Steinway Street, New York (Astoria), NY, 11101 | $390,000

An incredible opportunity to acquire a fully operational, Turnkey Quick Service Restaurant (QSR) in the heart of Astoria, Queens! Situated on a prominent corner with high foot traffic and visibility, this retail is ready for immediate use. The restaurant is equipped with all the necessary infrastructure, including commercial-grade kitchen equipment, a sleek front-of-house design, and a welcoming dining area that draws in both locals and visitors. Its prime location ensures a steady stream of customers, thanks to its proximity to residential areas, office buildings, and transit hubs. Key Features: -1, 900 sq ft of space on a high-traffic corner in Astoria. -Rent: $7, 649. 09/month. -Lease in place through 2031, offering long-term stability. -Fully equipped kitchen with commercial appliances. -Bright, modern dining area with an established customer base. -High visibility and foot traffic in one of Queens' most popular neighborhoods. -Ideal for a variety of QSR concepts, from fast casual to delivery-centric models. Astoria is a bustling neighborhood with an eclectic mix of dining options, making it a hotspot for food lovers. Whether you're looking to continue the existing concept or launch something new, this space provides the perfect foundation for success.

Features

  • Town: New York
  • Property Type: Business Opportunity
  • Construction: Brick, Other, Stucco
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, See Remarks, Sewer Connected, Trash Collection Private, Water Connected
  • Levels: 6
  • Heating: Forced Air
  • Cooling: Central Air
  • Year Built: 1990
  • Est. Taxes: $0
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Gas Cooktop, Gas Oven, Gas Range, Ice Maker, Microwave, Other, Oven, Refrigerator, Stainless Steel Appliance(s), Trash Compactor, Washer
  • MLS#: 819324
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/819324/3401steinwaystreet_newyork_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of NY Space Finders Inc   Phone: 718-440-8162

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

34-01 Steinway Street, New York (Astoria), NY, 11101

$390,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $312,000 $312,000 $312,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.007% 7.037% 6.152%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,946 $2,050 $2,612
Total Monthly Payment $2,021 $2,125 $2,687

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.