4602 30th Ave
Astoria, NY 11103 Downtown Astoria

This versatile retail opportunity is located in the heart of Astoria, one of Queens’ most vibrant neighborhoods. The property offers the entire first floor with approximately 90% basement access, providing ample space for operations and storage. A two-car garage is included, adding convenience for businesses requiring vehicle access or additional storage.
The site is well-positioned along 30th Avenue, a bustling corridor known for its strong pedestrian activity, diverse dining scene, and proximity to residential density. The location benefits from excellent connectivity to major thoroughfares and public transportation, ensuring easy access for customers and employees alike.
Flexible use options make this property suitable for a variety of businesses, with restaurant use preferred. Lease terms include a five-year initial term with a five-year renewal option, annual rent escalations, and a Good Guy Guarantee for the first year. Concession periods and adjusted terms are available based on business type, offering an accommodating structure for qualified tenants.

? Flexible Use Opportunity – suitable for a variety of rental uses
? Restaurant use preferred, with rental terms adjusted accordingly
 
Rent Structure
?? $6,000/month – base rent
?? $7,000/month – including garage use
 
Space Included
?? Entire first floor
?? Basement access (approximately 90% of basement space included)
 
Lease Terms
?? 5-year lease + 5-year renewal option
?? First year Good Guy Guarantee (GGC)
?? Annual rent increase: 3.5%
 
Financial Requirements
?? 1 month rent
?? 3 months security deposit
?? 1 month broker fee in cash
 
Tax Escalation
?? Tenant responsible for 33% of any increase in the base real estate taxes only
 
Concession Period
?? 30 to 60 days concession period, depending on the type of business and agreed terms

• Date available: 30 Days
• Lease term: Negotiable
• Service type: Modified Gross
• Built out as: Standard Retail
• Space Type: Relet