2337 31st Avenue , Long Island City, NY 11106

New

10 Total Photos [Click to View All]

Property Description

Prime Astoria R6A Development Opportunity - 25' Wide Lot with Condominium UpsideAn 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-isA strategic land acquisition opportunity in one of Queens' most established and resilient residential submarkets.

2337 31st Avenue | MLS# 965203

This land located at 2337 31st Avenue , Long Island City, NY 11106 is currently listed for sale with an asking price of $1,750,000. The property has approximately 0.05 Acres. 31st Avenue is located within the Queens 30 school district. Search Long Island City real estate on www.timberlandproperties.com today.

Gallery

Property Features

Property Type: Land - Residential
Lot Size: 0.05 Acres
Taxes: $7,050

Feature Descriptions

Current Use: Multi-Family
Days on Site: 3
On Market Date: 2026-03-01
Parcel Number: 00570-0006
Rental Term: Monthly
Sewer: Public Sewer

Local Schools

High School: Long Island City High School
Middle School: Albert Shanker Sch-Visual/Perf Arts
Elementary School: Ps 234
School District: Queens 30

Estimate Your Payment

Estimated Payment

$ 4,992.66 per month $3,894.74 Principal & Interest $587.50 Property Tax $510.42 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Halvatzis Realty Inc
Agency Contact: 718-545-8300

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

IDX logo

Login to My Homefinder

Pixel