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R6A Development Site with Condo Upside Prime Astoria R6A Development Opportunity - 25' Wide Lot Exceptional 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 upside Astoria 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-is This 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.
| DAYS ON MARKET | 1 | LAST UPDATED | 3/1/2026 |
|---|---|---|---|
| YEAR BUILT | 1901 | COUNTY | Queens |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Natural Gas |
| LOT | 2291 sq ft |
| PARKING | Other |
| SEWER | Public Sewer |
| TAXES | 7050.72 |
| UTILITIES | Natural Gas Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Connected |
| WATER | Public |
MORTGAGE CALCULATOR
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Listed with Halvatzis Realty Inc
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