Updated 3 years ago
Off Market
31-28 14th Street
Astoria, Queens | 31st Drive & 31st Road
Development Site
$3,150,000
Lot Size25'x100'
ZoneR6B
Building TypeParking Lot
RE Taxes$4,982
Building Amenities
- Elevator
Property Description for 31-28 14th Street
Welcome to a rare opportunity in the heart of the highly coveted Astoria/Long Island City area. We are excited to present this prime new development site, featuring an existing mixed-use building that is now available for sale. This double lot property offers a wide range of possibilities for both investors and developers. You have the option to continue reaping the benefits of the current buildings rental income or to take advantage of the untapped potential by constructing a brand new residential building of up to 13 units.
Lot A boasts a 22100 lot with an existing mixed-use building that includes a commercial space on the bottom and two rental units on top, offering a total of approximately 2,300 square feet of space. The building size is 2253. Lot B is currently being used as parking and storage for one of the commercial tenants, and the lot size is 25100. Combined, both lots have a generous 47100 dimension and an FAR 2 with R6B zoning, providing up to 9,400 buildable square feet.
The potential to create something truly special in one of NYCs most desirable neighborhoods is endless with this rare opportunity. Whether you choose to invest in the existing mixed-use building or build a new residential development, youll enjoy all the advantages of owning a property in a prime location with close proximity to restaurants, bars, cafes, and other amenities.
Our team is dedicated to helping you make the most of this opportunity. We can provide you with detailed building set-up and pro forma upon request. Contact us now to learn more about this exceptional opportunity!
Seller financing and joint venture options available.
Lot A boasts a 22100 lot with an existing mixed-use building that includes a commercial space on the bottom and two rental units on top, offering a total of approximately 2,300 square feet of space. The building size is 2253. Lot B is currently being used as parking and storage for one of the commercial tenants, and the lot size is 25100. Combined, both lots have a generous 47100 dimension and an FAR 2 with R6B zoning, providing up to 9,400 buildable square feet.
The potential to create something truly special in one of NYCs most desirable neighborhoods is endless with this rare opportunity. Whether you choose to invest in the existing mixed-use building or build a new residential development, youll enjoy all the advantages of owning a property in a prime location with close proximity to restaurants, bars, cafes, and other amenities.
Our team is dedicated to helping you make the most of this opportunity. We can provide you with detailed building set-up and pro forma upon request. Contact us now to learn more about this exceptional opportunity!
Seller financing and joint venture options available.
Building Details for 31-28 14th Street
OwnershipDevelopment Site
Building TypeParking Lot
AgePre-War
Year Built1910
Astoria | Queens
Quick Profile
Although Astoria is largely a residential neighborhood, it is filled with unique mom-and-pop shops, trendy boutiques, a plethora of dining options representing cuisines from around the world, and lush green spaces where you can relax, walk along the East River, or just enjoy the Manhattan skyline.
The atmosphere is laid back and almost small-town. In addition to luxury condos, pre-war buildings, single-family and semi-detached brick buildings, you will find low-rise buildings with apartments available at lower rents than are available in nearby Manhattan. If you enjoy shopping, you will find everything from locally handcrafted apparel and decor items to vintage treasures just waiting to be repurposed.
Astoria has long been known as a hub of Greek culture, with a burgeoning Greek community. You can barely walk a block without an opportunity to eat Greek food or experience some aspect of Greek culture. The Italian community is also quite large and well-represented in Astoria. Lately, there has been an influx of immigrants from all corners of the globe, making Astoria truly multicultural, and giving rise to eateries that offer unique gastronomic treats.
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. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 92262TH
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