Here’s a revised version that clearly emphasizes the mixed-use income component, keeps a professional tone, and stays concise as you prefer:

Revised Description:

This mixed-use income-producing property is located on high-traffic Steinway Street in Astoria. Built in 1920, the building offers approximately 3,420 sq ft on a 1,900+ sq ft lot and consists of two residential income units above a ground-level commercial space, plus a full basement.

The commercial unit provides strong rental potential in a prime retail corridor.
The second-floor residential unit is a fully renovated three-bedroom apartment (2024) featuring modern finishes and stainless steel appliances.
The third-floor unit is a well-maintained three-bedroom, one-bath apartment.

Additional highlights include a brand-new boiler and consistent income from the two upper residential levels, making this a solid investment in a high-demand location.