Astoria NY Real Estate & Land for Sale

Amazing Development Site in Astoria offering a great opportunity to the savvy developer as the current structure could be left in place while enlarging it into a 10 unit building or a large community or medical facility. This would save construction costs (no excavation, no foundation, no shoring and little to no underpinning), time and taxes, by filing for an Alteration 1 instead of a New Building. The survey and an architectural opinion are available upon request but we encourage you to verify with your own architect. The oversized lot provides additional parking or outdoor space for entertaining. Currently Vacant and in average good condition this Legal 4 family detached brick home in Astoria features four 1 Bedroom apartments, a full finished basement on the oversized 25 x142 feet lot with R6B zoning which provides over 5,000 sq ft of additional air rights. Centrally located within 3 blocks to the N and W subway stations at 30th Ave., and close to multiple cafes, restaurants, and entertainment venues. Mount Sinai is in close proximity and it is a great source of tenants. Aside from developing the site, you could use it as it is as a turn key investment in an area with strong appreciation and a very healthy rental market. All the utilities are paid for by the tenants and the building has 4 separate boilers and 4 separate hot water heaters You could combine 2 units to create a larger home while still preserving the rental income. Sites like this, delivered entirely vacant are a rare find in Astoria.

Amazing Development Site in Astoria offering a great opportunity to the savvy developer as the current structure could be left in place while enlarging it into a 10 unit building or a large community or medical facility. This would save construction costs (no excavation, no foundation, no shoring and little to no underpinning), time and taxes, by filing for an Alteration 1 instead of a New Building. The survey and an architectural opinion are available upon request but we encourage you to verify with your own architect. The oversized lot provides additional parking or outdoor space for entertaining. Currently Vacant and in average good condition this Legal 4 family detached brick home in Astoria features four 1 Bedroom apartments, a full finished basement on the oversized 25 x142 feet lot with R6B zoning which provides over 5,000 sq ft of additional air rights. Centrally located within 3 blocks to the N and W subway stations at 30th Ave., and close to multiple cafes, restaurants, and entertainment venues. Mount Sinai is in close proximity and it is a great source of tenants. Aside from developing the site, you could use it as it is as a turn key investment in an area with strong appreciation and a very healthy rental market. All the utilities are paid for by the tenants and the building has 4 separate boilers and 4 separate hot water heaters You could combine 2 units to create a larger home while still preserving the rental income. Sites like this, delivered entirely vacant are a rare find in Astoria.

DO NOT DISTURB THE TENANTS - LAND FOR SALE - DEVELOPMENT SITE - R5D ZONING ALLOWS 10,000SF BUILDABLE

DO NOT DISTURB THE TENANTS - LAND FOR SALE - DEVELOPMENT SITE - R5D ZONING ALLOWS 10,000SF BUILDABLE

The huge Property is situated in an extremely desired area of Astoria. Heavy pedestrian traffic. Investors and developers Delight. Unique opportunity- Lots of growth, upside potential! R5 zoning with C1-2 commercial overlay, total Lots size 13576 sqft with buildable about over 27,000 Sqft Mixed-Use (Verify with your architect). Located near the Subway station, and major transportation, and close to Manhattan, Long Island City, the major airports, and more. The property is currently used as 48 parking spots with a gross income 13,000 monthly. All info deemed accurate but not guaranteed and Agent/Buyer To Verify All Information Independently.

The huge Property is situated in an extremely desired area of Astoria. Heavy pedestrian traffic. Investors and developers Delight. Unique opportunity- Lots of growth, upside potential! R5 zoning with C1-2 commercial overlay, total Lots size 13576 sqft with buildable about over 27,000 Sqft Mixed-Use (Verify with your architect). Located near the Subway station, and major transportation, and close to Manhattan, Long Island City, the major airports, and more. The property is currently used as 48 parking spots with a gross income 13,000 monthly. All info deemed accurate but not guaranteed and Agent/Buyer To Verify All Information Independently.