21-12 31st ave - Apartments FOR SALE


Astoria, NY 11106- Downtown Astoria
$1,975,000 USD
718-360-8817
21-12 31st ave, Astoria, NY for Sale
$1,975,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

21-12 31st ave
Astoria, NY 11106
Downtown Astoria


HIGHLIGHTS

  • Development Site in Astoria
  • 8,500 Approx. Total Buildable SF
  • Potential to construct up to 12 new residential units
  • Ideally positioned for long-term value

OVERVIEW

Investment Property Realty Group (IPRG) is pleased to present the exclusive offering of 21-12 31st Avenue, a prime development opportunity in Astoria, Queens. This 25’ x 114’ development site is located between 21st Street and 23rd Street and benefits from R6A zoning, allowing for approx. 8,550 buildable square feet. The property presents the potential to construct up to 12 brand-new residential units, perfect for condominiums or rental apartments. Situated on a block experiencing significant growth, with multiple new developments nearby, the site is ideally positioned for long-term value. It is also conveniently located within walking distance of the N & W subway lines and the Astoria ferry, providing easy and quick access to Manhattan and beyond.

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$693 USD /SF

# OF UNITS

1

PRICE/UNIT

$1,975,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R6A/R7A

APN/PARCEL ID

00552-0020

ASK ABOUT THIS PROPERTY

Tom ReynoldsInvestment Property Realty GroupMore Info
718-360-8817

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Tom ReynoldsInvestment Property Realty GroupMore Info
718-360-8817

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.