PRIME ASTORIA DEVELOPMENT OPPORTUNITY - R7B / C2-3 ZONING Excellent opportunity for builders, developers and investors in a highly desirable Astoria location surrounded by new luxury residential development. Existing 3-story mixed-use property consists of 6 residential units plus 1 commercial storefront. Five residential units and the commercial space are currently vacant, with the remaining apartment to be delivered vacant, allowing the property to be delivered completely vacant. 2,762 SF lot with approximately 8,286 buildable residential SF at 3.0 FAR, with potential for approximately 10,772 SF at 3.9 FAR utilizing qualifying affordable housing provisions. Ideal for ground-up redevelopment or for an investor seeking to renovate and reposition the existing property. Zoning: R7B / C2-3. Convenient Astoria location approximately 7 minutes from the Astoria Blvd N/W subway station. All zoning, FAR, buildable square footage and development potential must be independently verified by purchaser and architect.
| MLS # | 1060310 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 27 |
| Listing Provided By | Realty Quest New York Inc | Baris Unver |
| SQ Feet | 4,500 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 6 |
| Building(s) | 1 |
| Zoning | R7B |
| Acreage | 0.06 |
| Cooling | None |
|---|---|
| Heating | Oil |
| Construction Materials | Brick |
|---|
| Parking Features | On Street |
|---|
| Utilities | Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Available, Water Connected |
|---|---|
| Sewer | Other |
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 589050 |
| Tax Annual Amount | 15836.44 |
| Tax Lot | 3 |
| State | NY |
|---|---|
| County | Queens |
| City | Astoria |
| Zip Code | 11102 |
| Listing VS Median (in 11102) | |
Price: $2,500,000 low | high Med: $888,000 sqft: 4,500 low | high Med: 824 $ / sqft: $556 low | high Med: $1,078 On site: 27 low | high Med: 27 | |
| State | NY |
|---|---|
| County | Queens |
| City | Astoria |
| Zip Code | 11102 |
| Listing VS Median (in 11102) | |
Price: $2,500,000 low | high Med: $888,000 sqft: 4,500 low | high Med: 824 $ / sqft: $556 low | high Med: $1,078 On site: 27 low | high Med: 27 | |
![]() | $2,500,0002213 Astoria BoulevardAstoria, NY 11102 |
![]() | $2,100,0001833 27th AvenueAstoria, NY 11102 |
![]() | $2,100,0001833 27th AvenueAstoria, NY 11102 |