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33-10 28th Ave
Astoria, NY 11103
27.21x100.1 - R6A - ~8,171 BSF As-Of-Right · Land For Sale
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0.06 AC
Investment Highlights
- The property is situated in a high-density area in Astoria, known for its residential supply constraints.
- Recent condo sales in the area have exceeded $1200 per square foot. Comparable residential rents in the area surpass $65 per square foot.
- The rectangular shape of the lot (27.21' frontage and 100.1' depth) allows for efficient floorplan designs.
- The R6A zoning allows for the construction of an 8,171 Sq. Ft. residential building with ten units. No parking needed.
- Low Carrying Costs ($8,693 taxes/year). Low Demolition Costs (1,800 Sq. Ft. Building Size)
- The property benefits from its close proximity to the 30th Avenue subway stop, providing easy access to Manhattan under 30 Minutes
Property Facts
| Property Type | Land | Total Lot Size | 0.06 AC |
| Property Subtype | Residential | ||
| Zoning | R6A - R6A. 8,171 buildable Sq. Ft. as-of-right. FAR 3. 680 Sq. Ft. minimum unit size. 70' max height. 65% max lot coverage (mid-block). 7 stories max | ||
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.06 AC |
| Zoning | R6A - R6A. 8,171 buildable Sq. Ft. as-of-right. FAR 3. 680 Sq. Ft. minimum unit size. 70' max height. 65% max lot coverage (mid-block). 7 stories max |
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