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Investment Highlights

  • Great Neighborhood

Executive Summary

Attention developers:
70-07 thru 70-11 Ditmars Blvd, East Elmhurst, NY, 11370
(Astoria Heights Neighborhood) Block: 966 Lots: 31, 30, 29
Property Video: https://www.youtube.com/watch?v=mgAnewRBM4o
Description: 6,303 Sq.Ft. Lot Lot with an R4 Zoning.
The F.A.R. = 1.35 (Predominantly Built-Up area)
Can Build a 8,509 Sq.Ft building with 10 to 12 units (as per architect).
Situated near All: Schools, shopping, parks, Highways, transportation, LaGuardia Airport, NYC, etc, etc.
For price or more information please contact exclusive Brokers at REMAX TEAM:
Victor Weinberger 917-806-7040 (Email: VWremax@gmail.com) or
Nick Psomopoulos 917-882-3230 (E-mail: Npsomopoulos@yahoo.com)

Currently occupied by 2 separate 1 family homes.
Situated near All: Schools, shopping, parks, Highways, transportation, LaGuardia Airport, NYC, etc, etc. For financials or appointments contact
REMAX TEAM: Victor Weinberger 917-806-7040 (Email: VWremax@gmail.com) or
Nick Psomopoulos 917-882-3230 (E-mail: Npsomopoulos@yahoo.com

Financial Summary (Actual - 2025)

Annual Annual Per AC
Taxes $11,800 $256,521.74
Operating Expenses - -
Total Expenses $11,800 $256,521.74

Financial Summary (Actual - 2025)

Taxes
Annual $11,800
Annual Per AC $256,521.74
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $11,800
Annual Per AC $256,521.74

Property Facts

Price $2,525,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Community Center
  • Single Family Development
Total Lot Size 0.05 AC
No. Stories 1
Zoning R4 - Multifamily/ Community Facility

1 Lot Available

Lot 29, 30, 31

Price $2,525,000
Price Per AC $54,891,304.35
Lot Size 0.05 AC

70-07 thru 70-11 Ditmars Blvd, East Elmhurst, NY, 11370 (Astoria Heights Neighborhood) Block: 966 Lots: 31, 30, 29 Description: 6,303 SF Lot with an R4 Zoning. FAR = 1.35 Buildable: 8,509 SF

Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
00966-0029
Land Assessment
$5,524
Improvements Assessment
$23,139
Total Assessment
$28,663
Annual Taxes
$11,800
Tax Year
2025
  • Listing ID: 40222331

  • Date on Market: 4/21/2026

  • Last Updated:

  • Address: 7011 Ditmars Blvd, East Elmhurst, NY 11370

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