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Listing Courtesy of Nest Seekers LLC
$4,500,000
Est. payment /mo
2,440 SqFt
UPDATED:
Key Details
Property Type Multi Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,440 sqft
Price per Sqft $1,844
Subdivision Astoria
MLS Listing ID RLS20063911
Style Walk-Up
HOA Y/N No
Year Built 1950
Annual Tax Amount $13,886
Property Sub-Type Multi Family
Property Description
Astoria's value is often defined by one address: 30th Avenue —and this offering sits squarely within that prime corridor. With R6A zoning , the property presents a compelling opportunity for a contextual, high-quality residential development in one of Queens' strongest condo markets. The zoning allows for a Base FAR of 3.00 , translating to approximately 15,000 buildable square feet . Through the Inclusionary Housing Program , the FAR increases to 3.60 , allowing up to 18,000 buildable square feet , materially enhancing project yield and overall return. Surrounded by Astoria's acclaimed dining scene, convenient retail, and vibrant street life, the site is just moments from the elevated N train at 30th Avenue , offering a seamless commute to Manhattan and connectivity across NYC. Proximity to Mount Sinai Queens Hospital further strengthens end-user demand, particularly among medical professionals seeking quality housing within walking distance of work. Property, Zoning & Development Highlights A rare Astoria development site where zoning efficiency, transit access, and neighborhood prestige align—positioned for strong sell-through and premium pricing along the 30th Avenue corridor.
Location
State NY
County Queens
Interior
Equipment Intercom
Fireplace No
Laundry See Remarks
Exterior
Private Pool No
Building
Dwelling Type Multi Family
Story 3
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $1, 157
Pets Allowed Building Yes, Yes
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RLS Data display by eXp Realty
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716