An exceptional residential development opportunity in a stable Astoria market. Together, 30-90 and 30-88 Crescent Street offer 8,146 square feet of land with 36 feet of frontage, zoned R6A with an FAR of 3.0, providing approximately 24,438 buildable square feet. Both properties will be delivered vacant, ready for immediate development.
The assemblage can be expanded to include 30-86 Crescent Street, increasing scale and flexibility. Located near transit, retail, and neighborhood amenities, these sites offer developers and investors a prime opportunity to execute a well-located residential project in a proven market.
Astoria’s residential sector has demonstrated consistent demand and stable returns, making this offering particularly attractive for projects targeting mid-size apartment buildings or multi-family rental units. The location and zoning provide clear development potential with strong long-term value.