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2337 31st Avenue, Astoria, NY 11106

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For Sale

$1,850,000

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
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Explore this Property

Located on a 25x91.58 lot zoned R6A, this mid-block development site offers 6,867 BSF as-of-right. Currently featuring a 2-family building, the property provides an excellent opportunity to build 10 units across 6 stories with parking waived for developments of 10 units or less. Benefiting from a 100%, 10-year abatement without income restrictions (485-x), this site is financially advantageous for developers. Situated just 0.4 miles from the Broadway N/W subway stop, the location offers convenient transportation options. The area boasts a $70 PSF rental market and is close to major retail like Broadway and 30th Avenue, making it a prime spot forresidential development.
MLS# 11320066

Courtesy Of Landair Property Advisors, LLC

(646) 559-4700

Property Features

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Map and Directions

Directions to 2337 31st Avenue, Astoria, NY 11106

Home seller CENTURY 21 Sunny Gardens Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Sunny Gardens Realty, Inc.

(718) 507-4200
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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