Priced for land value, Rare find this 5,002 sq. ft. lot in Astoria's R5D zone offers a compelling development opportunity in one of Queens' most active corridors. Under current zoning, the lot carries a 2.0 FAR, which translates to up to 10,004 sq. ft. of potential buildable area - enough to explore a multifamily building of up to approximately 13-14 units at a maximum height of 45 fee. A two-family structure sits on the lot today, offering the option to hold while plans are explored. The 25-foot-wide, 200-foot-deep configuration is a practical footprint for new construction, and with the City of Yes for Housing Opportunity now in effect, no parking is required for new residential development on this site - Astoria falls within the Inner Transit Zone where parking mandates were eliminated as of December 5, 2024. The N and W subway lines are accessible at Queensboro Plaza, approximately a 6-minute walk, with additional service at 30 Av station and Q18/Q102 bus connections along 30th Avenue. All zoning, FAR, and buildable figures are based on current DCP records and should be independently verified with a architect or the NYC Department of Buildings prior to reliance. Can be delivered vacant !!
Listing By
Agency Name: RE/MAX 1st Choice
Agency Contact: 516-888-6000
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 4,942.53 per month $3,914.52 Principal & Interest $515.00 Property Tax $513.01 Homeowner's InsuranceColdwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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25-14 Crescent Street | MLS# 1024366
This multi-family property located at 25-14 Crescent Street , Astoria, NY 11102 is currently listed for sale with an asking price of $1,758,888. 25-14 Crescent Street is located within the Queens 30 school district. Search Astoria real estate on www.coldwellbankerchoice.com today.