31-28 28th Rd is a highly desirable development site in Astoria, Queens. Zoned R6B and situated on a 27’ x 131’ lot, the property offers approximately 7,074 buildable square feet, creating an excellent opportunity for a new residential project in one of the borough’s most in-demand neighborhoods. The site will be delivered vacant and includes an existing 1,910 square foot two-family home, giving a buyer a clear and straightforward path to redevelopment. With convenient access to the subway, the location is well suited for a boutique condominium building that aligns with strong buyer demand for new construction product in Astoria. With Astoria continuing to see strong demand for new residential product, 31-28 28th Rd presents a compelling opportunity to execute a boutique condo development in a proven market. Recent sellouts in the area have exceeded $1,300 per square foot, supporting an attractive basis and clear exit potential for a developer or investor.