Prime Astoria Residential & CommercialDevelopment Opportunity. Positioned in desirable Astoria, this 25x85 lot presents a compelling opportunity for developers and investors seeking a property with existing residential utility, potential income generation, and future development flexibility.Zoning: C4-3 / R6BPotential Buildable Area: Approximately 10,000 sq. ft., subject to verification by a qualified architect and compliance with applicable zoning and building regulations. Existing Property: Two-family residence.Apartments: Two two-bedroom apartments, offering potential rental income.Additional Features: One-car garage and full basement.Survey: Available upon request.The property combines an existing two-family configuration with potential for future residential and commercial development, subject to applicable approvals and professional review. Its Astoria location may appeal to investors seeking current income potential and developers evaluating a larger-scale project.All development potential, including buildable area, permitted uses, and income projections, should be independently verified by the purchaser's architect, attorney, and other qualified professionals.
Estimated Payment
$ 9,181.46 per month $8,089.91 Principal & Interest $624.92 Property Tax $466.63 Homeowner's InsuranceListing By
Agency Name: Rescue Realty LLC
Agency Contact: 718-908-0323
Shown By
Agent Name: Richie Krug Jr.
Agent Phone: (516) 673-8775
Agency Title: Coldwell Banker American Homes
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25-57 31st Street | MLS# 1071566
This multi-family property located at 25-57 31st Street, Astoria, NY 11102 is currently listed for sale with an asking price of $1,599,888. 25-57 31st Street is located within the Queens 30 school district. Search Astoria real estate on www.richiekrugjr.com today.