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12-24 31st Ave
Astoria, NY 11106
Land For Sale · 0.06 AC

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Executive Summary

Great investment! The site is located within an R5B zoning district, permitting a 1.5 FAR, which allows for approximately 3,700–3,800 buildable square feet and able to build up to property line. Set along vibrant 31st Avenue, the property benefits from immediate proximity to neighborhood retail, dining, and destination corridors, while remaining within walking distance of multiple transit options, including the N/W subway lines and the Astoria Ferry Landing, providing convenient access to Manhattan and the broader New York City market.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.06 AC
Zoning R3-B - Low density residential district

1 Lot Available

Lot

Price $999,000
Price Per AC $17,146,093.64
Lot Size 0.06 AC

Able to build up to property line, buildable 3,807 sf of space vacant lot, FAR 1.5

Description

12–24 31st Avenue is a prime residential development opportunity located in the heart of South Astoria, Queens—one of New York City’s most sought-after and supply-constrained neighborhoods. The property consists of a rectangular 2,500± SF lot improved by a three-family residential building, offering either repositioning or redevelopment potential under current zoning regulation

  • Listing ID: 39172944

  • Date on Market: 1/22/2026

  • Last Updated:

  • Address: 12-24 31st Ave, Astoria, NY 11106

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