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Investment Highlights
- Prime Astoria Development Site on a Deep Lot - 6,003 SF (40' x 150.08')
- Close Proximity to Transit Access: 0.3 miles (7-min) to N/W subway at 31st & Broadway
- R6B Zoning with an 2.0 FAR for 12,006 SF Buildable or 13,207 SF with Inclusionary Housing Bonus (FAR 2.2)
- Potential Adjacent Assemblage: Neighboring parcel (3,002 SF lot; inquire for details)
Executive Summary
TEK Realty Advisors LLC (“TEKRA”) has been retained on an exclusive basis to sell 23-48 31st Drive, Astoria, NY 11106. (the “Property”) The site measures 6,003 SF and is located between Crescent Street and 23rd Street in the Heart of Astoria, NY.
23-48 31st Drive is surrounded by newly constructed development sites both rental and condo with others in the pipeline and currently under construction. The N & W Train Station at 31st Street and Broadway is approximately 0.3 miles away which is 4 blocks and is within approx. 7 minutes from the Property.
The Property is currently improved by a 2,240± SF two-story three-family home with a rear garage and onsite parking and will be delivered vacant upon closing.
The Property is located within an R6B zoning district with an as-of-right 12,006 Buildable SF, which can be increased to 13,207 Buildable SF with the Inclusionary Housing.
23-48 31st Drive is surrounded by newly constructed development sites both rental and condo with others in the pipeline and currently under construction. The N & W Train Station at 31st Street and Broadway is approximately 0.3 miles away which is 4 blocks and is within approx. 7 minutes from the Property.
The Property is currently improved by a 2,240± SF two-story three-family home with a rear garage and onsite parking and will be delivered vacant upon closing.
The Property is located within an R6B zoning district with an as-of-right 12,006 Buildable SF, which can be increased to 13,207 Buildable SF with the Inclusionary Housing.
Property Facts
1 Lot Available
Lot 567 /45
| Lot Size | 0.14 AC |
| Lot Size | 0.14 AC |
The site measures 6,003 SF and is located between Crescent Street and 23rd Street in the Heart of Astoria, NY.
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Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (99)
Bike Score®
Very Bikeable (80)
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2348 31st Dr - 23-48 31st Dr, Astoria, NY 11106
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