Land
Astoria’s value is often defined by one address: 30th Avenue—and this offering sits squarely within that prime corridor. With R6A zoning, the property presents a compelling opportunity for a contextual, high-quality residential development in one of Queens’ strongest condo markets.
The zoning allows for a Base FAR of 3.00, translating to approximately 15,000 buildable square feet. Through the Inclusionary Housing Program, the FAR increases to 3.60, allowing up to 18,000 buildable square feet, materially enhancing project yield and overall return.
Surrounded by Astoria’s acclaimed dining scene, convenient retail, and vibrant street life, the site is just moments from the elevated N train at 30th Avenue, offering a seamless commute to Manhattan and connectivity across NYC. Proximity to Mount Sinai Queens Hospital further strengthens end-user demand, particularly among medical professionals seeking quality housing within walking distance of work.
Property, Zoning & Development Highlights
Zoning: R6A
FAR (Base): 3.00 — approx. 15,000 BSF
FAR (Inclusionary): 3.60 — approx. 18,000 BSF
Land Use: Multi-Family Walk-Up Buildings
Lot Area: 5,000 sq ft
Lot Dimensions: 25 ft × 200 ft
Building Class: C0 – Walk-Up Apartments (Three Families)
Existing Building: 3 floors | 2,440 GSF | 3 residential units
A rare Astoria development site where zoning efficiency, transit access, and neighborhood prestige align—positioned for strong sell-through and premium pricing along the 30th Avenue corridor.
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.
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