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2116 30th Avenue, Astoria, NY 11102

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For Sale

$1,880,000

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

Explore this Property

21-16 30th Ave, Astoria, NY 11102 - an enticing development opportunity designed for strategic investors. This mid-block lot spans 3,005 Sq. Ft., boasting dimensions of 21' x 143'. Zoned R6A and R6B, the property permits the construction of an 8,106 Sq. Ft. residential building, offering ample space for a thoughtfully planned project. Currently featuring a 50% vacant, 3,591 Sq Ft., 2-family building on-site, this property provides a unique advantage for potential investors. With existing rental units, investors can collect cash-flow while formulating their development plans, ensuring a prudent and profitable approach to the project. Situated just 0.4 miles from the 30th Avenue N & W train subway stop, this property offers easy access to Manhattan, enhancing its appeal for future residents. Surrounded by condo buildings and located in an area with scarce available lots for development, this property stands out as a prime investment opportunity. Astoria, a highly desirable Queens submarket, holds promising potential for developers, with anticipated condo sellouts exceeding $1,200 per square foot and rental pricing at approximately $65 per square foot. Seize this opportunity now to maximize returns in one of Queens' most sought-after neighborhoods.
MLS# 11256455

Courtesy Of Landair Property Advisors, LLC

(646) 559-4700

Property Features

  • Architecture Style
    Other
  • Roof Type
    Unknown

Map and Directions

Directions to 2116 30th Avenue, Astoria, NY 11102

Home seller CENTURY 21 Unique Realty

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CENTURY 21 Unique Realty

(516) 625-9100
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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