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Duplex With Development Potential
For Sale
$1,758,888

25-14 Crescent Street, Astoria, NY 11102

Residential Income, Astoria, NY

Property SizeContact for details
Lot Size0.11 Acres
Days on Market47

Property Features for 25-14 Crescent Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
Parking features On Street
Interior features First Floor Bedroom
Lot features City Lot, Near Public Transit, Near School, Near Shops
Elementary school Ps 17 Henry David Thoreau
Middle school Albert Shanker Sch-Visual/Perf Arts
High school William Cullen Bryant High School
Elementary school district Queens 30
Middle school district Queens 30
High school district Queens 30
Standard status Active
APN 00872-0062
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6180

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1925
Number of units 2
Building materials Aluminum Siding, Brick
Listing Agency: RE/MAX 1st Choice · RE/MAX International
Listed By: Po Wei Tair · License #7.51E+13
Added: Jul 11 Changed: Aug 20 Last Checked: Aug 26 at 1:06AM
MLS# 1024366

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

A two-family structure sits on a 5,002 sq. ft. lot at 25-14 Crescent Street in Astoria. The property was built in 1925 and features aluminum siding and brick construction, natural gas heating, and wall/window unit cooling. The home includes a first-floor bedroom and multiple bedrooms and bathrooms across the layout, with parking provided as on-street.

The site is zoned R5D and is described as carrying a 2.0 FAR under current zoning, translating to up to 10,004 sq. ft. of potential buildable area. The lot configuration is approximately 25 feet wide and 200 feet deep, which supports the option to explore a multifamily building of up to approximately 13-14 units at a maximum height of 45 fee. The City of Yes for Housing Opportunity is described as applicable, and the property notes that parking is not required for new residential development on this site under Astoria’s Inner Transit Zone, with parking mandates eliminated as of December 5, 2024.

Transit access is noted at Queensboro Plaza, approximately a 6-minute walk, with additional service at the 30 Av station and Q18/Q102 bus connections along 30th Avenue. The property can be delivered vacant, and utilities are listed as cable available with public water and public sewer.

Key Highlights

  • 5,002 sq. ft. lot in an R5D zone with 2.0 FAR and up to 10,004 sq. ft. potential buildable area
  • Option to explore a multifamily building of up to approximately 13‑14 units at a maximum height of 45 fee
  • Existing two‑family structure on the lot

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Cosmetic Store Furniture & Home Goods Acupuncture

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,655
Businesses Nearby

Demographics for 11102, NY

37,468
Population
19,431
Households
1.9
Avg Household Size
36
Median Age
58%
College-Educated
90%
High-School Grad
0.7 sq mi
ZIP Area
53,526
Density / Sq Mi
$102,996
Median Household Income
$70,557
Median Earnings
$2,248
Median Rent
$779,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Residential land & home lot - Two-family duplex on a small Astoria lot with public utilities, natural gas heat, and on-street parking.
Where is this residential land & home lot located?
The property is located at 25-14 Crescent Street Astoria, NY.
What is the asking price?
The asking price for this property is $1,758,888.
What are key features of this property?
This property features: 5,002 sq. ft. lot in an R5D zone with 2.0 FAR and up to 10,004 sq. ft. potential buildable area; Option to explore a multifamily building of up to approximately 13‑14 units at a maximum height of 45 fee; Existing two‑family structure on the lot
More about this property
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