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Subdivided R5B Buildable Lot
For Sale
$1,100,000

12-24 31st Drive, Queens, NY 11106

Subdivided lot in R5B zoning allows building to the property line and offers a calculated buildable area.

Property SizeContact for details
Days on Market229

Property Features for 12-24 31st Drive

General Information

Standard status Active
Property subtype Land
Zoning R5B

Taxes and HOA fees

Annual Taxes $9,144

Amenities

Public Sewer
Vacant, Square Feet
No

Building Details

Year Built 1925
Listing Agency: Realty Executives Today
Listed By: Richard R. Bonagura
Source: Compass
Added: Dec 23, 2025 Changed: Aug 8 Last Checked: Mar 25 at 7:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives Today

Investment Insights

Based on property information with market context.

This subdivided building lot is offered in Queens and has a stated lot size of 27 x 94. The property is zoned R5B, and the provided zoning information indicates it can be built to the property line.

Based on the stated lot size of 2,538 square feet and a 1.5 FAR, the information also notes a possible total buildable area of 3,807 square feet. The seller indicates the lot may be available with owner financing, with terms described as 50% down.

This is a straightforward purchase for buyers looking for a buildable, subdivided residential lot with the zoning framework described above.

Key Highlights

  • Subdivided lot with zoning R5B
  • Lot size 27 x 94
  • Building allowed to the property line

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Nursing Home Clothing & Fashion Store (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,835
Businesses Nearby

Demographics for 11106, NY

41,722
Population
21,681
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
46,358
Density / Sq Mi
$85,573
Median Household Income
$62,254
Median Earnings
$2,032
Median Rent
$639,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Subdivided lot in R5B zoning allows building to the property line and offers a calculated buildable area.
Where is this residential land & home lot located?
The property is located at 12-24 31st Drive Queens, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Subdivided lot with zoning R5B; Lot size 27 x 94; Building allowed to the property line
More about this property
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