25-14 Crescent Street, Astoria, NY 11102 (MLS # 1024366)

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PRICE $1,758,888 BEDS 4 BATHS 2 HOME SIZE 1,836 sqft LOT SIZE 5,001 sqft Request More Info Schedule a Showing

Priced for land value, Rare find this 5,002 sq. ft. lot in Astoria's R5D zone offers a compelling development opportunity in one of Queens' most active corridors. Under current zoning, the lot carries a 2.0 FAR, which translates to up to 10,004 sq. ft. of potential buildable area "” enough to explore a multifamily building of up to approximately 13-14 units at a maximum height of 45 fee. A two-family structure sits on the lot today, offering the option to hold while plans are explored. The 25-foot-wide, 200-foot-deep configuration is a practical footprint for new construction, and with the City of Yes for Housing Opportunity now in effect, no parking is required for new residential development on this site "” Astoria falls within the Inner Transit Zone where parking mandates were eliminated as of December 5, 2024. The N and W subway lines are accessible at Queensboro Plaza, approximately a 6-minute walk, with additional service at 30 Av station and Q18/Q102 bus connections along 30th Avenue. All zoning, FAR, and buildable figures are based on current DCP records and should be independently verified with a architect or the NYC Department of Buildings prior to reliance. Can be delivered vacant !!