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25-81 31st Street

Astoria   |   Astoria Boulevard & 28th Avenue
Listing ID: 78020TH

  • $ 2,000,000
  • 8 Bedrooms
  • 4.5 Bathrooms
  • HouseBuilding Type
  • 2,532/235 Approx. SF/SM
  • Details
    • Multi-FamilyOwnership
    • $ 7,728Anual RE Taxes
    • 22'x36'Building Size
    • 25'x134'Lot Size
    • 1910Year Built
    • ActiveStatus
  • Description

  • Excellent opportunity at $200 per buildable SF, this 2,532 SF three-family home with a 1,200 SF garden sits on a 3,350 SF lot in Astoria's most prime location. This is a fantastic redevelopment or cash flowing opportunity. Zoned for Residential & Commercial. The Max FAR is 3.40. As built the property is currently at 0.76 FAR. The allowable usable floor area is 11,390 SF making this a prime spot for a 7-story property with ground floor commercial.

    Currently the three existing residential units are all rented out on month-to-month leases. Current Annual Rent Roll is: $79,200. The property can be delivered with tenants or vacant. Located one block from both the N&W Astoria Blvd and 30th Avenue Subway stops.

    Excellent opportunity at $200 per buildable SF, this 2,532 SF three-family home with a 1,200 SF garden sits on a 3,350 SF lot in Astoria's most prime location. This is a fantastic redevelopment or cash flowing opportunity. Zoned for Residential & Commercial. The Max FAR is 3.40. As built the property is currently at 0.76 FAR. The allowable usable floor area is 11,390 SF making this a prime spot for a 7-story property with ground floor commercial.

    Currently the three existing residential units are all rented out on month-to-month leases. Current Annual Rent Roll is: $79,200. The property can be delivered with tenants or vacant. Located one block from both the N&W Astoria Blvd and 30th Avenue Subway stops.

    Listing Courtesy of Compass
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  • Features
    • A/C
  • Outdoor
    • Private Garden
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2021 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.