Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
Listing Courtesy of Realty Quest New York Inc
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.
Description
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.
Amenities
- First Floor Bedroom
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.
