25-56 31st Street & 26-37 30th Street

25-56 31st Street & 26-37 30th Street

Astoria, NY 11102
$11,750,000

CONTACT

Principal
212-875-1800 Ext. 3488
Principal
212-875-1800 Ext. 3484
  • Development Site Advisors® has been hired exclusively by ownership to offer for sale 25-56 31st Street & 26-37 30th Street in Astoria, Queens (the “Assemblage”) to qualified investors and developers.
  • The Assemblage comprises of four (4) adjoining lots that form a block-through development site on 31st Street and 30th Street between Astoria Boulevard and Newtown Avenue. The lots on 31st Street are currently improved by a single-story retail building and a 3-story retail + office building, totaling 12,550 sq. ft, and a vacant parking lot. The lots on 30th Street are improved by a 902 sq. ft. single-story one-family home and a vacant parking lot.
  • There is a NNN tenant in place until June 30, 2023, paying $32,619.33 per month ($391,431.96/Annum) plus all expenses and Real Estate Taxes. This allows a developer to collect triple net income while they get their plans filed.
  • This Assemblage has been owned by the same family for over 50 years, making this a truly unique opportunity.
Location Description
Located on 31st Street and 30th Street between Astoria Boulevard and Newtown Avenue.
Borough/Block/Lot
Queens / 598 / 48,52,19,20
Neighborhood
Lot Size
16,277 SF
Existing SF
12,550 SF
Building Class
O5
R.E. Taxes
$135,602.75
Subway Access NW
Bus Lines
Community District
Zoning District
Residential FAR | ZFA
44,448 ZFA
Commercial FAR | ZFA
10,804 ZFA
Facility FAR | ZFA
490 ZFA
Max ZFA with Bonuses
55,741 ZFA
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25-56 31st Street & 26-37 30th Street

Astoria, NY 11102
Thank You

Thank you for your interest in this site. One of our agents will contact you shortly.

CONTACT

Principal
212-875-1800 Ext. 3488
Principal
212-875-1800 Ext. 3484