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Detached Multifamily Property
New
For Sale
$1,395,000

30-92 42ND St, Queens, NY 11103

Vacant detached residence with two parking spaces, expansion potential, and convenient access to Astoria retail and transit.

Property Size570 SF
Lot Size0.06 Acres
Days on Market2

Property Features for 30-92 42ND St

General Information

Standard status Active
Size 570 SF
Total Parking Spaces 2
Lot size 0.06 Acres
Property subtype Multi Family
Zoning R5-C1-2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $7,080

Building Details

Building Size 570 SF
Year Built 1925
Stories 2
Units 2
Listed By: Harry Zikos
Source: Elliman
Added: Sep 11 Last Checked: Sep 12 at 7:30AM

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 Harry Zikos

Investment Insights

Based on property information with market context.

This detached multifamily property at 30-92 42ND St in Queens is offered vacant, providing immediate occupancy or renovation flexibility. The building sits on a 2,500-square-foot lot measuring 25 feet wide by 100 feet deep, with a 19-by-30-foot base footprint and two parking spaces. Built in 1925, the property is zoned R5-C1-2 and has a current as-built FAR of .72, compared with a maximum as-of-right FAR of 1.5 and Facility FAR of 2. Further expansion and improvements are identified as possibilities, subject to architectural and zoning review.

The property is less than 100 feet from 31st Avenue, between 30th Avenue and 31st Avenue, with access to nearby markets, banks, gyms, bus lines, and nightlife. The M and R train station areas at Steinway and Broadway and at 46th Street and Broadway are described as nearly equidistant. WalkScore is 93, TransitScore is 79, and BikeScore is 89.

Key Highlights

  • 2,500‑square‑foot lot measuring 25 feet wide by 100 feet deep
  • Vacant delivery with two parking spaces
  • R5‑C1‑2 zoning with current as‑built FAR of .72

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Nursing Home Garden Center Pet Grooming Service (Bike/Boat/Book/etc) Store

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

1,854
Businesses Nearby

Demographics for 11103, NY

37,362
Population
18,833
Households
2
Avg Household Size
36
Median Age
52%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
53,374
Density / Sq Mi
$92,787
Median Household Income
$59,050
Median Earnings
$2,120
Median Rent
$1,003,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Vacant detached residence with two parking spaces, expansion potential, and convenient access to Astoria retail and transit.
Where is this multifamily property located?
The property is located at 30-92 42ND St Queens, NY.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 2,500‑square‑foot lot measuring 25 feet wide by 100 feet deep; Vacant delivery with two parking spaces; R5‑C1‑2 zoning with current as‑built FAR of .72
More about this property
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