25-81 31st Street, New York City NY 11102

Overview of 25-81 31st Street, New York City NY 11102

Prime Astoria Redevelopment Opportunity

This 2,532 SF Three Family home with a 1,200 SF garden sits on a 3,350 SF lot in Astoria's most coveted location. At $175 per buildable SF and 8,858 remaining buildable square feet this property is an excellent candidate for a Condo development with ground floor commercial.

The allowable usable floor area is 11,390 SF. The Max FAR is 3.40. As built the property is currently at 0.76 FAR.

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.

Prime location between the N&W Astoria Blvd and 30th Avenue Subway stops.

Property Features For MLS #OLRS-0078020