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Key Details
Sold Price $1,550,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 875927
Year Built 1925
Annual Tax Amount $9,195
Lot Size 2,509 Sqft
Property Sub-Type Other
Property Description
An exceptional Development Site located in the heart of Astoria.
This 2,508 sq. ft. lot (25 ft x 100 ft) features a two-family building, spanning approximately 1,600 sq. ft., with current leases on a month-to-month basis, allowing for maximum flexibility. With its C2-3/R7A zoning and a favorable floor area ratio (FAR), the site offers a unique opportunity to develop a mixed-use buildable area of up to 10,032 sq. ft. under as-of-right allowances.
This property is ideally suited for commercial, residential or community facility development, providing flexibility for investors or developers seeking to capitalize on the thriving Astoria market. Benefit from outstanding visibility and connectivity, with proximity to the N & W subway lines, major bus routes, and local amenities. This strategic location enhances both the appeal and long-term value of any future development.. Don't miss this rare chance to bring your vision to life in one of New York City's most sought-after neighborhoods.
Featured Commercial Sales.
Location
State NY
County Queens
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, See Remarks, Trash Collection Public, Water Available, Water Connected
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Stucco
Others
Special Listing Condition None
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Bought with Royalux Realty LLC