• Asking Price $1,850,000
  • Estimated Value: $1,884,679

  • 2337 31ST AVE ASTORIA, NY 11106

  • Townhouse or Condo / Resale (MLS)
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Property Details for 2337 31ST AVE, ASTORIA, NY 11106

Features

  • Lot Size: 2290
  • Total Units: 2
  • Stories: 200
  • Construction Type: Frame

Facts

  • Year Built: 01/01/1901
  • Property ID: 897048670
  • MLS Number: 11320066
  • Parcel Number: 630100-00570-0006
  • Property Type: Townhouse or Condo
  • County: QUEENS
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Located on a 25x91.58 lot zoned R6A, this mid-block development site offers 6,867 BSF as-of-right. Currently featuring a 2-family building, the property provides an excellent opportunity to build 10 units across 6 stories with parking waived for developments of 10 units or less. Benefiting from a 100%, 10-year abatement without income restrictions (485-x), this site is financially advantageous for developers. Situated just 0.4 miles from the Broadway N/W subway stop, the location offers convenient transportation options. The area boasts a $70 PSF rental market and is close to major retail like Broadway and 30th Avenue, making it a prime spot forresidential development.

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Property Brokerage: Landair Property Advisors, LLC 1449 Lexington Avenue 2s New York NY 10128
Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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