BEDS0
BATHS
MLS#965832
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
R6A Development Site with Condo UpsidePrime Astoria R6A Development Opportunity - 25' Wide LotExceptional opportunity to acquire a 25' x 91 (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.
Property Features
Property Type: Multi Unit - Multiple
Basement: See Remarks
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.05 Acres
Taxes: $7,050
Year Built: 1901
Amenities
First Floor Bedroom
First Floor Full Bath
Feature Descriptions
Building Area Total: 2108
Days on Site: 30
Exterior: Vinyl Siding
On Market Date: 2026-03-01
Parcel Number: 00570-0006
Parking Features: Other
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: Halvatzis Realty Inc
Agency Contact: 718-545-8300
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 4,992.66 per month $3,894.74 Principal & Interest $587.50 Property Tax $510.42 Homeowner's InsuranceChange Payment Information
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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2337 31st Avenue | MLS# 965832
This multi-family property located at 2337 31st Avenue , Long Island City, NY 11106 is currently listed for sale with an asking price of $1,750,000. Search Long Island City real estate on www.coldwellbankerchoice.com today.