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$ 1,800,000
Est. payment | /mo
1,942 Sqft Lot
$ 1,800,000
Est. payment | /mo
1,942 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 993609
Rental Info No
Annual Tax Amount $1,399
Lot Size 1,942 Sqft
Acres 0.0446
Source onekey2
Property Description
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
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
Location
State NY
County Queens
Interior
Fireplace No
Building
Sewer None
Schools
Elementary Schools Contact Agent
Middle Schools Call Listing Agent
High Schools Contact Agent
School District Contact Agent
Others
Senior Community No
Special Listing Condition None

Listed by Amorelli Realty LLC • John P. Bachas
NEARBY SCHOOL & BUSINESS
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