The detached property sits on a 2,500 square foot lot (25 wide X 100 depth). The zoning is R5-C1-2. The current as built FAR is .72 where as the max as of right FAR is 1.5 and Facility FAR is 2. The building base footprint dimensions are 19 X 30 feet. The property can be expanded and improved upon. Bring your architect to understand the complete feasibility of the asset's potential.
The location offers the next owner and residents a short distance to public transportation infrastructure in Astoria. The M & R train station on Steinway & Broadway & 46th Street & Broadway are nearly equidistant. Sitting less than 100 feet away from 31st Avenue between 30th Avenue & 31st Avenue offers the convenience to the bustling retail scene in Astoria where local markets, banks, gyms, bus lines, nightlife and then some.
As the property is being delivered vacant, this offers a rare turnkey move for it's new owner. Contact us today to schedule a private walkthrough in this premiere Astoria, NY multifamily.
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.