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25-81 31st Street # Astoria, QN 11102 - Queens
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Multifamily / Buildings for sale 25-81 31st Street #, Astoria - Queens



.... This 2,532 square foot three-family home sits on a 3,350 square foot lot in Astoria's most prime location across from Titan Foods and is a prime investment opportunity. The Residential FAR is 2.43, Commercial FAR is 3.40. As built the property is currently at 0.76 FAR. The allowable usable floor area is 11,390SF and as such there is 8,844 of unused FAR. Prime spot for a 7-story property with ground floor commercial. This is a unique opportunity to acquire a prized piece of real estate that is ideally suited as a re-development opportunity or as a buy and hold cash flowing investment. Currently the three existing residential units are aprox. 844SF and are all rented on month to month leases. The property can be delivered with tenants or vacant. Nearby schools include Les Enfants Montessori School, 30th Avenue School and PS 17 Henry David Thoreau. Titan Foods, Key Food, Trade Fair, Starbucks, Cafe to Go, NY Bakery Café, Taste of Bengal, Bella Pizza, Boston Pizza II are all on your doorstep. 25-81 31st St is near Athens Square, Hoyt Playground and Triborough Bridge Playground E.

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