23-37 31st Ave

R6A Development Site with Condo UpsidePrime Astoria R6A Development Opportunity – 25’ Wide LotExceptional opportunity to acquire a 25’ x 91’-9½” (approx. 2,293 sq ft) parcel in the heart of Astoria, zoned R6A and offering approximately 6,800–6,900 buildable square feet (as-of-right residential FAR 3.0).This property is being marketed primarily for land value and redevelopment potential. The R6A zoning supports a mid-rise residential building under Quality Housing regulations, making it an ideal canvas for a builder seeking to capitalize on Astoria’s continued residential demand.With approximately 6,800+ buildable square feet, the site presents multiple strategic paths:• Develop a boutique multi-family rental asset• Construct a high-end condominium project• Build a limited, luxury boutique condo product with strong sellout potential• Long-term hold with future appreciation upsideAstoria continues to demonstrate strong buyer demand for new residential inventory, particularly boutique condominium buildings near transit and vibrant retail corridors. The lot’s 25-foot frontage allows for efficient floor plates and practical unit layouts — a key advantage for condo developers focused on maximizing sellable square footage.Highlights:• 25’ wide lot frontage• Approx. 2,293 sq ft lot area• Zoned R6A• Approx. 6,800–6,900 buildable SF (as-of-right)• ~70 ft allowable height (subject to Quality Housing regulations)• Ideal for rental or condominium development• Existing structure conveyed as-isThis is a strategic acquisition opportunity for a builder or investor seeking both immediate land control and long-term condo upside in one of Queens’ most resilient residential markets.