8-48 Astoria Boulevard - Corner Development Site 0.12 Acres of Commercial Land Offered at $3,950,000 in Astoria, NY 11102

Landair Advisors (“Landair”) has been retained as the exclusive broker to arrange the sale of 8-48 Astoria Boulevard, Astoria, NY 11102 – Block 513, Lots 2, 3, and 4 (the “Property”). The Property consists of a three-lot corner assemblage totaling 5,443 square feet, with overall lot dimensions of approximately 114' x 82' (irregular). Zoned R6A, C2-3, the site permits the development of a 16,329 Sq. Ft. market-rate residential building with (24) units. Alternatively, a 21,227 Sq. Ft. residential building can be built using the Universal Affordability Preference (“UAP”). The Property is located 0.7 miles from the Astoria Boulevard subway station (N/W trains) and 0.3 miles from the Astoria Ferry Landing at Halletts Point, providing convenient access to Manhattan. The site will be delivered vacant, predominantly demolished, and sold free and clear of all claims, liens, and encumbrances, offering a clean development opportunity. Ownership acquired the Property through a court-supervised sale, completed key diligence items, and is now bringing the asset to market. Please contact the listing agent for access to the Due Diligence Package.