• Asking Price $1,880,000
  • Estimated Value: $1,783,848

  • 2116 30TH AVE ASTORIA, NY 11102

  • Multi-family (5 or more units) / Resale (MLS)
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Property Details for 2116 30TH AVE, ASTORIA, NY 11102

Features

  • Lot Size: 3005
  • Total Units: 4
  • Stories: 300

Facts

  • Year Built: 01/01/1970
  • Property ID: 887247420
  • MLS Number: 11256455
  • Parcel Number: 630100-00549-0023
  • Property Type: Multi-family (5 or more units)
  • County: QUEENS
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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.

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Property Brokerage: Landair Property Advisors, LLC 1449 Lexington Avenue 2s New York NY 10128
Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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