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Sold

25-81 31st St

25-81 31st Street, Astoria, NY 11102

$1,950,000

Prime Astoria Redevelopment Opportunity.

This 2,532 SF three-family home with a 1,200 SF garden sits on a 3,350 SF lot in Astoria's most coveted location. At $175 per buildable SF and 8,858 remaining buildable square feet, this property is an excellent candidate for a Condo development with ground-floor commercial.

The allowable usable floor area is 11,390 SF. The Max FAR is 3.40. As built, the property is currently at 0.76 FAR.

Currently, the three existing residential units are all rented out on month-to-month leases. Current Annual Rent Roll is: $79,200. The property can be delivered with tenants or vacant.

Prime location between the N&W Astoria Blvd and 30th Avenue Subway stops.

8
beds

6
baths

2,532 Sq.Ft. LIVING AREA