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21-12 31st ave 1 Unit Apartment Building $1,975,000 ($1,975,000/Unit) Astoria, NY 11106
INVESTMENT HIGHLIGHTS
- Development Site in Astoria
- Potential to construct up to 12 new residential units
- 8,500 Approx. Total Buildable SF
- Ideally positioned for long-term value
EXECUTIVE SUMMARY
Investment Property Realty Group (IPRG) is pleased to present the exclusive offering of 21-12 31st Avenue, a prime development opportunity in Astoria, Queens.
This 25’ x 114’ development site is located between 21st Street and 23rd Street and benefits from R6A zoning, allowing for approx. 8,550 buildable square feet. The property presents the potential to construct up to 12 brand-new residential units, perfect for condominiums or rental apartments.
Situated on a block experiencing significant growth, with multiple new developments nearby, the site is ideally positioned for long-term value. It is also conveniently located within walking distance of the N & W subway lines and the Astoria ferry, providing easy and quick access to Manhattan and beyond.
This 25’ x 114’ development site is located between 21st Street and 23rd Street and benefits from R6A zoning, allowing for approx. 8,550 buildable square feet. The property presents the potential to construct up to 12 brand-new residential units, perfect for condominiums or rental apartments.
Situated on a block experiencing significant growth, with multiple new developments nearby, the site is ideally positioned for long-term value. It is also conveniently located within walking distance of the N & W subway lines and the Astoria ferry, providing easy and quick access to Manhattan and beyond.
PROPERTY FACTS
| Price | $1,975,000 | Property Subtype | Apartment |
| Price Per Unit | $1,975,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Sale Condition | Redevelopment Project | Building Size | 2,850 SF |
| No. Units | 1 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1910 |
| Zoning | R6A/R7A - R6 - Medium density residential district | ||
| Price | $1,975,000 |
| Price Per Unit | $1,975,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.06 AC |
| Building Size | 2,850 SF |
| No. Stories | 2 |
| Year Built | 1910 |
| Zoning | R6A/R7A - R6 - Medium density residential district |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Eat-in Kitchen
- Family Room
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Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (83)
Bike Score®
Very Bikeable (84)
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21-12 31st ave
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