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2625 14th St - APPROVED PLANS- VACANT LOT - ASTORIA PARK 0.13 Acres of Residential Land Offered at $2,500,000 in Astoria, NY 11102
Executive Summary
Located just one block from Astoria Park, this exceptional development opportunity is situated in one of New York City's most desirable submarkets.
Under the new **City of Yes** zoning regulations, the property now offers the potential to develop a **9-unit condominium or 9-unit free-market apartment building**, maximizing the site's value.
The property also includes **approved plans under the previous zoning regulations**, allowing a developer to save significant time in the approval process. Those approved plans can be **updated and amended** to take advantage of the new zoning, increasing the project from the currently approved **6-unit building** to a **9-unit development**.
Buyers must perform their own due diligence with their architect or consultants to confirm all details.
Key Property Details:
-Lot Size: 5,686 sq. ft. (45 ft. x 127.17 ft.)
-Zoning: R4 & R5
-Status: Approved Plans, vacant, fenced, and shovel-ready
Disclosure: The listing broker is also the owner of this property.
Property Facts
| Price | $2,500,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.13 AC |
| Property Type | Land | ||
| Zoning | R4/R5 - Extended lot of 5,686 sq-ft(45 ft x 127.17 ft) Zoning R4 & R5 | ||
| Price | $2,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.13 AC |
| Zoning | R4/R5 - Extended lot of 5,686 sq-ft(45 ft x 127.17 ft) Zoning R4 & R5 |
1 Lot Available
Lot
| Price | $2,500,000 | Lot Size | 0.13 AC |
| Price Per AC | $19,841,269.84 |
| Price | $2,500,000 |
| Price Per AC | $19,841,269.84 |
| Lot Size | 0.13 AC |
-Lot Size: 5,686 sq. ft. (45 ft. x 127.17 ft.) -Zoning: R4 & R5 -Status: Approved Plans, vacant, fenced, and shovel-ready
Description
**Approved Plans, Vacant Wide & Extended Lot, Fenced, and Shovel-Ready!** Located just one block from Astoria Park, this exceptional development opportunity is situated in one of New York City's most desirable submarkets. Under the new **City of Yes** zoning regulations, the property now offers the potential to develop a **9-unit condominium or 9-unit free-market apartment building**, maximizing the site's value. The property also includes **approved plans under the previous zoning regulations**, allowing a developer to save significant time in the approval process. Those approved plans can be **updated and amended** to take advantage of the new zoning, increasing the project from the currently approved **6-unit building** to a **9-unit development**.
Property Taxes
| Parcel Number | 00901-0021 | Improvements Assessment | $0 |
| Land Assessment | $37,679 | Total Assessment | $37,679 |
Property Taxes
Contact the Sale Advisor
2625 14th St - APPROVED PLANS- VACANT LOT - ASTORIA PARK