25-81 31st Street, Queens, New York, 11102

25-81 31st Street
Queens NY 11102

Cross street:Astoria Boulevard

Building

Type:House
Era:Post-war
Floors:3

Property

Ownership: Multi-Family
Rooms: 12
Bedrooms: 8 BR
Bathrooms: 4.5
Pets: Pets Unknown

Financials

Price: $2,100,000
47-44 Vernon Blvd, Long Island City, NY 11101
Courtesy of Compass

Description

Excellent opportunity at $200 per buildable SF, this 2,532 SF three-family home with a 1,200 SF garden sits on a 3,350 SF lot in Astoria's most prime location. This is a fantastic redevelopment or cash flowing opportunity. Zoned for Residential & Commercial. The Max FAR is 3.40. As built the property is currently at 0.76 FAR. The allowable usable floor area is 11,390 SF making this a prime spot for a 7-story property with ground floor commercial.

Currently the three existing residential units are all rented out on month-to-month leases. Current Annual Rent Roll is: $79,200. The property can be delivered with tenants or vacant. Located one block from both the N&W Astoria Blvd and 30th Avenue Subway stops.

Amenities

Garden;

  • Private Garden
  • Garden
  • Walk-up

Neighborhood

More listings:

Excellent opportunity at 200 per buildable SF, this 2, 532 SF three family home with a 1, 200 SF garden sits on a 3, 350 SF lot in Astoria's most ...

Description

Excellent opportunity at $200 per buildable SF, this 2,532 SF three-family home with a 1,200 SF garden sits on a 3,350 SF lot in Astoria's most prime location. This is a fantastic redevelopment or cash flowing opportunity. Zoned for Residential & Commercial. The Max FAR is 3.40. As built the property is currently at 0.76 FAR. The allowable usable floor area is 11,390 SF making this a prime spot for a 7-story property with ground floor commercial.

Currently the three existing residential units are all rented out on month-to-month leases. Current Annual Rent Roll is: $79,200. The property can be delivered with tenants or vacant. Located one block from both the N&W Astoria Blvd and 30th Avenue Subway stops.

Amenities

Garden;

  • Private Garden
  • Garden
  • Walk-up

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.