Prime Astoria R6A Development Opportunity – 25’ Wide Lot with Condominium Upside
An exceptional opportunity to acquire a 25’ x 91’ (approx. 2,293 sq ft) parcel in the heart of Astoria, zoned R6A and offering approximately 6,800–6,900 buildable square feet as-of-right (FAR 3.0).
This property is being marketed primarily for land value and redevelopment potential. The 25-foot frontage provides efficient floor plate design and strong street presence, creating an ideal foundation for a boutique residential development.
R6A zoning supports mid-rise construction under Quality Housing regulations, allowing for a well-proportioned building envelope suitable for a thoughtfully designed multi-family or condominium project. For builders seeking scale without overexposure, the lot size supports a limited, high-quality boutique condo concept positioned to meet ongoing buyer demand in the Astoria market.
Located along vibrant 31st Avenue, the site benefits from proximity to transit, retail corridors, and neighborhood amenities that continue to drive strong residential absorption in the area.
Recent citywide zoning reforms under NYC’s “City of Yes” housing initiative may provide additional development flexibility where applicable (buyer to verify independently).
Highlights:
• 25’ x 91’- lot
• Approx. 2,293 sq ft lot area
• Zoned R6A
• Approx. 6,800–6,900 buildable SF as-of-right
• Quality Housing mid-rise district
• Boutique condominium or residential development potential
• Existing structure conveyed as-is
A strategic land acquisition opportunity in one of Queens’ most established and resilient residential submarkets.
80 days
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Zillow last checked:
Listing updated:
Listed by:
Halvatzis Realty Inc718-545-8300,
Pavlos Milonakis917-364-1220
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 965203
Facts & features
Property
Lot
Size: 2,290 Square Feet
Details
Parcel number: 005700006
Zoning: R6A
Special conditions: None
Utilities & green energy
Sewer: Public Sewer
Community & HOA
Location
Region: Long Island City
Financial & listing details
Tax assessed value: $77,580
Annual tax amount: $7,050
Date on market: 3/1/2026
Cumulative days on market: 94 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
5/6/2026
Pending sale
$1,750,000
Source: OneKey® MLS as distributed by MLS GRID #965203Report a problem
4/29/2026
Listing removed
$1,750,000
Source: OneKey® MLS as distributed by MLS GRID #965832Report a problem
3/1/2026
Listed for sale
$1,750,000
Source: OneKey® MLS as distributed by MLS GRID #965203Report a problem
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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.