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3310 28th Ave
Astoria, NY 11103
27' Wide - R6A - 8,171 BSF · Retail Property For Sale
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
Retail
Property Subtype
Restaurant
Building Size
2,700 SF
Building Class
C
Year Built/Renovated
1920/2015
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.99
Lot Size
0.06 AC
Zoning
R6A - R6A. 8,100 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
Frontage
Property Taxes
| Parcel Number | 00627-0021 | Improvements Assessment | $41,580 |
| Land Assessment | $10,675 | Total Assessment | $52,255 |
Property Taxes
Parcel Number
00627-0021
Land Assessment
$10,675
Improvements Assessment
$41,580
Total Assessment
$52,255
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