Priced for land value, Rare find this 5, 002 sq.
| Website: | https://www.nestseekers.com/5630845 |
|---|---|
| Address: | New York, NY 11102 |
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
| Bedrooms: | 4 BR |
| Bathrooms: | 2 |
| Lot Size: | 0.1 Acres |
Financials
Description
Priced for land value, Rare find this 5,002 sq. ft. lot in Astoria's R5D zone offers a compelling development opportunity in one of Queens' most active corridors. Under current zoning, the lot carries a 2.0 FAR, which translates to up to 10,004 sq. ft. of potential buildable area — enough to explore a multifamily building of up to approximately 13-14 units at a maximum height of 45 fee. A two-family structure sits on the lot today, offering the option to hold while plans are explored. The 25-foot-wide, 200-foot-deep configuration is a practical footprint for new construction, and with the City of Yes for Housing Opportunity now in effect, no parking is required for new residential development on this site — Astoria falls within the Inner Transit Zone where parking mandates were eliminated as of December 5, 2024. The N and W subway lines are accessible at Queensboro Plaza, approximately a 6-minute walk, with additional service at 30 Av station and Q18/Q102 bus connections along 30th Avenue. All zoning, FAR, and buildable figures are based on current DCP records and should be independently verified with a architect or the NYC Department of Buildings prior to reliance. Can be delivered vacant !!
Amenities
- Cable - Available
- City Lot
- Electricity Connected
- First Floor Bedroom
- Natural Gas Connected
- Near Public Transit
- Near School
- Near Shops
- Phone Available
- Sewer Connected
- Trash Collection Public
- Water Connected
47-44 Vernon Blvd, Long Island City, NY 11101 Phone: +1 718-707-0200 Fax: +1 718-707-0233 | |
| Listing Courtesy of RE/MAX 1st Choice | |