Rare mixed-use property located in the heart of Astoria, Queens, offering tremendous upside within the current units. The asset consists of ground-floor commercial space with residential units above, positioned on a prime neighborhood block with strong retail demand, easy access to subways and consistent residential tenancy. The property is situated within C4 zone that allows for expanded residential and/or mixed-use development. Current built FAR is below the maximum allowable, presenting a compelling opportunity for investors or developers to increase square footage. Ideal for condominium, rental, or boutique mixed-use repositioning.