Queens

Commercial space in Astoria

Astoria is a strong neighborhood retail and restaurant market along Steinway Street, 30th Avenue, and Ditmars Boulevard, with film studios and industrial blocks near the waterfront and around the Steinway piano factory.

Commercial properties
2,265
Retail stock
3.9M SF
Median year built
1930
Known for
Retail, Restaurant, Industrial

Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market. More below.

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NYC tax lot records

The building stock in Astoria

What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.

Commercial properties
2,265
Office space
2.6M SF
Retail space
3.9M SF
Built before 1940
65%

Largest retail buildings

  1. 3 floors · built 1926
  2. built 2022
  3. 1 floor · built 1972
  4. 35-18 Steinway Street33K SF
    1 floor · built 1984
  5. 30-33 Steinway Street29K SF
    2 floors · built 1930
All 22 large commercial buildings in Astoria

Age, height and zoning

  • Median year built: 1930.
  • Median height: 3 floors.
  • Most common zoning districts: C4-2A (569), R6A (297), R5 (293). 11% of these lots are zoned for manufacturing.
  • 3 lots are designated city landmarks.

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16. Counts cover tax lots with commercial floor area within about 0.7 mi of Astoria's commercial core, and each lot counts toward one neighborhood only, so boundaries are approximate. Building figures are the city's floor-area estimates, not available space.

MTA station data

Subway stations in Astoria

Every station within about 0.7 mi of Astoria's commercial core, closest first. Stations joined by a free transfer count once.

Stations
6
Subway lines
4
Fully accessible
1 of 6
Closest
30 Av, 4 min walk

The 6 stations

  • 30 Av4 min walk · Not accessible
  • Broadway4 min walk · Not accessible
  • Astoria Blvd10 min walk · Accessible station
  • Steinway St11 min walk · Not accessible
  • Astoria-Ditmars Blvd12 min walk · Not accessible
  • 36 Av12 min walk · Not accessible

Lines

The M, N, R and W trains stop within about 0.7 mi of Astoria's core.

Step-free access

  • Astoria Blvd (N W) is fully accessible.

Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-16. Walking times are straight-line estimates from the nearest point of Astoria's commercial core (the same area as the building counts), so the street route is longer. Accessibility is the MTA's rating for the named station. PATH, LIRR, Metro-North and ferries are not in this data.

NYC property records (ACRIS)

Recent building sales in Astoria

2 sales of the large commercial buildings Leasemark tracks in Astoria have been recorded since 2016, $114 million in all.

Newest sales

  1. August 2021 · to 3437 ASTORIA LLC
  2. December 2017 · $541 a SF · to PRIME STORAGE ASTORIA, LLC

Since 2016

  • Largest: 31-07 20th Avenue, $94 million in December 2017.
  • Newest deed on record: August 2021. The city's open data runs about a month behind.
All 2 building sales in Astoria

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; prices as the deeds state them, buyers named only when they are companies. These are sales of the large buildings Leasemark tracks, not every sale here: condo buildings (sold unit by unit), partial interests and sales of the company that owns a building are left out.

NYC Department of Finance

Commercial property taxes in Astoria

Of the 22 large commercial buildings Leasemark tracks in Astoria, 18 carry property tax on the city's 2026/27 assessment roll. Their median estimated tax is about $6.40 per square foot of floor area a year, before abatements.

Largest estimated bills

  1. 22-11 31st Street$1.3 million
    $15.39 a SF · market value $26.8 million
  2. 31-07 20th Avenue$1.26 million
    $7.24 a SF · market value $29.9 million
  3. $6.80 a SF · market value $21.8 million
  4. $6.46 a SF · market value $21.6 million
  5. $6.53 a SF · market value $17.2 million
  6. $7.66 a SF · market value $16.3 million

Across 18 taxed buildings

  • The middle half pay between $4.40 and $7.34 a square foot of floor area a year.
  • Queens median: $5.65 a square foot, across 429 large buildings Leasemark tracks.
  • Median market value on the roll: about $169 a square foot. That is the city's valuation for tax, not a sale price.
  • 4 buildings are fully exempt, including 1 Steinway Place and 19-50 48th Street. Exemptions like these are common for government, nonprofit and PILOT properties.

Source: NYC Department of Finance, Property Valuation and Assessment Data, 2026/27 roll, pulled 2026-10-16. Estimates are the taxable value after exemptions times the Class 4 rate of 10.848% (tax year 2025/26, the latest the city lists), divided by the building's floor area in PLUTO. They leave out abatements such as ICAP, payment-in-lieu-of-taxes agreements and charges, so actual bills differ. Large buildings only (35,000 SF and up in Queens).

NYC Department of Buildings permits

Interior build-outs in Astoria

In the 12 months to October 2026, the Department of Buildings issued first permits for 3 interior build-outs in 2 of the 22 large commercial buildings Leasemark tracks in Astoria, with work permitted on 3 floors in all.

Most build-outs, last 12 months

  1. 2 floors with work
  2. 1 floor with work
  • 9% of the buildings tracked here had a build-out, against 19% across Queens.

Build-outs by quarter

  • Q1 20250
  • Q2 20252
  • Q3 20251
  • Q4 20251
  • Q1 20260
  • Q2 20262
  • Q3 20260
  • Q4 2026 to Oct 220

Newest

  • 35-01 36th AvenueJun 2026Floor 1, roof terrace, underground; construction, mechanical, plumbing, sprinklers; est. $53,000
  • 31-21 Newtown AvenueJun 2026Floor 1; construction; est. $64,000
  • 35-01 36th AvenueOct 2025Floor 8; construction, mechanical, plumbing, sprinklers; est. $75,000

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). A build-out groups interior jobs (construction, mechanical, plumbing, sprinklers and the like) on the same floors first permitted within 120 days of each other, dated by its first permit. Only the large buildings Leasemark tracks count (35,000 SF and up), not every permit in the neighborhood. Costs are the estimates filed with the jobs. A permit does not say who the work is for.

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Questions about Astoria

How much commercial space is there in Astoria?

New York City's PLUTO tax lot data (26v2) records about 15.5 million square feet of commercial floor area across 2,265 properties in the part of Astoria Leasemark covers, including about 2.6 million square feet of office and about 3.9 million square feet of retail. The largest retail building by that measure is 43-02 Ditmars Boulevard, at about 87,000 square feet. That is the existing building stock, not space currently available.

What subway lines serve Astoria?

Six subway stations sit within about 0.7 mi of Astoria's commercial core, served by the M, N, R and W trains. The closest is 30 Av (N W), roughly 4 minutes on foot; then Broadway (N W), Astoria Blvd (N W), Steinway St (M R), Astoria-Ditmars Blvd (N W) and 36 Av (N W). Walking times are straight-line estimates from MTA station data.

Which subway stations in Astoria are accessible?

One of the six stations within about 0.7 mi of Astoria's commercial core is fully accessible, per the MTA: Astoria Blvd (N W).

When did a large commercial building in Astoria last sell?

The newest sale on record is 34-37 37th Street, which sold in August 2021 for $20 million to 3437 ASTORIA LLC, per the deed recorded with the city. 2 sales, $114 million in all, have been recorded of the large commercial buildings Leasemark tracks in Astoria since 2016.

See every building sale in Astoria

How much are commercial property taxes in Astoria?

On the Department of Finance's 2026/27 assessment roll, the 18 large commercial buildings Leasemark tracks in Astoria that pay property tax come to a median of about $6.40 per square foot of floor area a year, with the middle half between $4.40 and $7.34. That is the taxable value after exemptions times the Class 4 rate of 10.848% (tax year 2025/26, the latest the city lists), before abatements such as ICAP. The largest estimated bill is 22-11 31st Street, about $1.3 million a year. 4 more buildings are fully exempt. Many office leases pass a tenant's share of increases over a base year through as additional rent.

How taxes show up in gross and net leases

How much build-out work is happening in Astoria?

In the 12 months to October 2026, the Department of Buildings issued first permits for 3 interior build-outs in 2 of the 22 large commercial buildings Leasemark tracks in Astoria, with work permitted on 3 floors in all. The most were at 35-01 36th Avenue (2 build-outs). A build-out here is interior work on the same floors (construction, mechanical, plumbing, sprinklers and the like) first permitted within 120 days. New interior work usually follows a lease, so it is a rough sign of where tenants are moving in, but a permit does not say who the work is for.

Build-outs in every NYC neighborhood

Do tenants in Astoria pay the NYC Commercial Rent Tax?

No. The Commercial Rent Tax only applies to space in Manhattan below 96th Street. It was repealed for Queens, so a commercial lease in Astoria does not pay it at any rent.

See where the Commercial Rent Tax applies

Is it free to post on Leasemark?

Yes. Posting a space or a requirement is free. Contact details are only shared when both sides accept an intro.