Property Description

R6A Development Site with Condo UpsidePrime Astoria R6A Development Opportunity - 25' Wide LotExceptional opportunity to acquire a 25' x 91 (approx. 2,293 sq ft) parcel in the heart of Astoria, zoned R6A and offering approximately 6,800-6,900 buildable square feet (as-of-right residential FAR 3.0).This property is being marketed primarily for land value and redevelopment potential. The R6A zoning supports a mid-rise residential building under Quality Housing regulations, making it an ideal canvas for a builder seeking to capitalize on Astoria's continued residential demand.With approximately 6,800+ buildable square feet, the site presents multiple strategic paths: Develop a boutique multi-family rental asset Construct a high-end condominium project Build a limited, luxury boutique condo product with strong sellout potential Long-term hold with future appreciation upsideAstoria continues to demonstrate strong buyer demand for new residential inventory, particularly boutique condominium buildings near transit and vibrant retail corridors. The lot's 25-foot frontage allows for efficient floor plates and practical unit layouts - a key advantage for condo developers focused on maximizing sellable square footage.Highlights: 25' wide lot frontage Approx. 2,293 sq ft lot area Zoned R6A Approx. 6,800-6,900 buildable SF (as-of-right) ~70 ft allowable height (subject to Quality Housing regulations) Ideal for rental or condominium development Existing structure conveyed as-isThis is a strategic acquisition opportunity for a builder or investor seeking both immediate land control and long-term condo upside in one of Queens' most resilient residential markets.

Property Features