The subject property is located in Astoria Queens. The property is located directly in the mid-point of Central Astoria and the demanded waterfront area that has experienced unprecedented growth in value like no other in Queens. Planned community improvements in infrastructure along the Astoria/LIC waterfront will only continue to foster the expanded success this area is experiencing. The location and potential of this property virtually guarantees the end user an asset with a yet untapped potential in value. The site currently holds a 2 Story Dwelling that will be delivered vacant. Additionally, the rear of the property is accessible through an easement from 31st Avenue offering a second egress as well as exceptional ease for numerous additional parking spaces. Property Details: Legal 2 Story Frame Block & Lot: 518/3 Zoning: R5B 1.35 FAR Lot sq. ft.: 9,700 sq ft Lot Dimensions: 50 X 194 Buildable Sq. Ft. 15,000 sq ft
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