25-57 31st Street

Prime Astoria Residential & Commercial Development Opportunity. Positioned in desirable Astoria, this 25x85 lot presents a compelling opportunity for developers and investors seeking a property with existing residential utility, potential income generation, and future development flexibility. Zoning: C4-3 / R6B Potential Buildable Area: Approximately 10,000 sq. ft., subject to verification by a qualified architect and compliance with applicable zoning and building regulations. Existing Property: Two-family residence. Apartments: Two two-bedroom apartments, offering potential rental income. Additional Features: One-car garage and full basement. Survey: Available upon request. The property combines an existing two-family configuration with potential for future residential and commercial development, subject to applicable approvals and professional review. Its Astoria location may appeal to investors seeking current income potential and developers evaluating a larger-scale project. All development potential, including buildable area, permitted uses, and income projections, should be independently verified by the purchaser's architect, attorney, and other qualified professionals.