Prime Astoria Development Opportunity R7X Zoning
Exceptional opportunity to acquire a vacant development site in the heart of Astoria. Located at 18-44 26th Road, this 25 ft x 78 ft lot offers approximately 8,700 buildable square feet under R7X zoning.
Situated on a desirable residential block, the property is ideally positioned for a boutique condominium or rental development. The R7X designation allows for efficient residential layouts, making it highly attractive for developers seeking strong unit mix potential.
Astoria continues to experience robust demand, with new developments in the area consistently achieving resale values exceeding $1,000 per square foot. The neighborhood’s vibrant dining scene, proximity to the waterfront, and convenient access to Manhattan via nearby subway lines further enhance long term value.
This is a rare chance to secure a well located development site in one of Queens’ most dynamic and rapidly appreciating markets.
Key Highlights:
Lot Size: 25’ x 78’
Zoning: R7X
Buildable: ~8,700 SF
Strong condo sellout comps ($1,000+/SF)
Prime Astoria location near transportation, retail, and waterfront
105 days
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109
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2
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Zillow last checked:
Listing updated:
Listed by:
Amorelli Realty LLC718-662-2222,
John P. Bachas516-404-7056,
Nicholas Halvatzis718-578-1866,
Amorelli Realty LLC
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 993609
Facts & features
Property
Lot
Size: 1,942 Square Feet
Details
Parcel number: 008850037
Zoning: R7X
Special conditions: None
Utilities & green energy
Sewer: None
Community & HOA
Location
Region: Astoria
Financial & listing details
Tax assessed value: $24,000
Annual tax amount: $1,399
Date on market: 5/1/2026
Cumulative days on market: 106 days
Listing agreement: Exclusive Right To Sell
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/13/2026
Price change
$1,700,000-5.6%
Source: OneKey® MLS as distributed by MLS GRID #993609Report a problem
5/1/2026
Listed for sale
$1,800,000
Source: OneKey® MLS as distributed by MLS GRID #993609Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
See how much you could borrow to make a competitive offer.
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.