Pending

2337 31st Avenue

Long Island City, NY 11106

$1,750,000 $7,378/Mo

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Overview

0.05

Acre(Lot)

Description

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.

Property Details

Property Type : Land

Price : $1,750,000

AD Id : 75723467

MLS Id : 965203

Lot Size : 0.05 Acre(Lot)

County : Queens

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Nearby Areas

Features

Lot Information

Lot Size Acres: 0.0526 Lot Size Square Feet: 2290

Listing Price Information

Listing Price: $1750000

Tax Information

Parcel Number: 00570-0006 Annual Tax: $7050.72

School Information

Elementary School: Ps 234

Junior High School: Albert Shanker Sch-Visual/Perf Arts

Senior High School: Long Island City High School
Location Information

Direction: See MapQuest

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ByOwner last updated this listing 06/22/2026 @ 20:47

MLS: 965203 LISTED BY: Pavlos Milonakis, Halvatzis Realty Inc 718-545-8300 SOURCE: OneKey MLS