Cushman & Wakefield Retained Exclusively to Sell Prime Development Site in Astoria
Cushman & Wakefield has been retained on an exclusive basis to sell a development site at 19-79 Steinway Street, located on the corner of Steinway Street and 20th Avenue in the Astoria neighborhood of Queens. The asking price is $5,000,000.
The property features a lot size of approximately 10,000 square feet and is currently improved by a single-story building. It offers an excellent opportunity to take advantage of potential rezoning.
The property features direct access to all of New York City’s major distribution channels including the Pulaski Bridge, Grand Central Parkway, Long Island Expressway, Midtown Tunnel, and Brooklyn-Queens Expressway and it is in close proximity to the N and Q trains.
“With new development projects emerging in the area at an incredible rate, this site offers a fantastic opportunity for a developer to make their mark in the heart of Astoria,” said Cushman & Wakefield’s David Chkheidze, who is exclusively marketing this property with Ilya Tolmasov and Conrad Martin. “Astoria is one of the city’s most exciting neighborhoods and the access to transportation makes this a very appealing site,” Mr. Tolmasov added.