Approved Plans, vacant wide and extended lot, fenced, and shovel-ready!
Situated just a block from Astoria Park, this prime development opportunity lies in one of NYC's most sought-after submarkets.
Under the new "City of Yes" zoning laws, this expansive lot offers the potential to develop up to 13 units plus 1 community facility, totaling approximately 9,100 sq. ft., for either 100% free-market rentals or condominiums.
Currently, approved plans under the previous zoning regulations are available, enabling the future owner to begin construction immediately. Current approved plans should be amended in order to align with the new zoning codes & regulations. Buyers must perform their own due diligence with their architect or consultants to confirm all details.
Key Property Details:
-Lot Size: 5,856 sq. ft. (45 ft. x 122 ft.)
-Zoning: R4 & R5
-Status: Approved Plans, vacant, fenced, and shovel-ready
Disclosure: The listing broker is also the owner of this property.