25 14 Crescent Street presents a compelling opportunity in the heart of Astoria whether you re an investor seeking strong fundamentals or an end user looking to secure long term ...


Property

Website: https://www.nestseekers.com/5388699
Address:
New York, NY 11102
Ownership: For Sale
Type: Duplex
Bedrooms: 4 BR
Bathrooms: 2
Lot Size: 0.1 Acres

Financials

Price:$1,798,000
Annual Taxes:$6,217.12

Description

25-14 Crescent Street presents a compelling opportunity in the heart of Astoria—whether you’re an investor seeking strong fundamentals or an end user looking to secure long-term upside. Set on an expansive 5,002 sq. ft. lot and zoned R5D with a 2.0 FAR, this property offers up to 10,004 buildable sq. ft., making it a rare find with significant development or expansion potential in a prime Queens location. The existing structure is a legal two-family configured as a 3-bedroom over 1-bedroom, providing immediate income potential while you plan for future value-add strategies. Whether you choose to hold, renovate, expand, or redevelop, the flexibility here is key. Positioned just moments from the Astoria Blvd subway, major transportation, and a vibrant mix of dining and retail, the location supports both strong rental demand and long-term appreciation. Ideal for investors, developers, or end users with vision, this is an opportunity to acquire a sizable lot with favorable zoning in one of Astoria’s most sought-after corridors.

Amenities

  • Cable - Available
  • Cable Connected
  • Electricity Available
  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • Natural Gas Available
  • Natural Gas Connected

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Compass Greater NY LLC