Residential Income Development Site

25-14 Crescent Street Astoria, NY 11102

Claim this Listing
New
For Sale
$1,758,888

MULTI_FAMILY - Astoria, NY

Lot size:
0.11 Acres
Added:
Jul 11, 2026
Days on Market:
1
Last Refresh:
Jul 11 at 10:06 pm

Property Features for 25-14 Crescent Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
Parking features
On Street
Interior features
First Floor Bedroom
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 agent Po Wei Tair License #7.51E+13

Listing office RE/MAX 1st Choice 159 Northern Blvd, Great Neck, NY

Listing date Jul 11, 2026

MLS# 1024366 Listing URL

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.

This residential income development site includes a two-family structure on a 25-foot-wide, 200-foot-deep lot. The offering is positioned for land value, with current R5D zoning carrying a 2.0 FAR, which translates to up to 10,004 sq. ft. of potential buildable area, subject to independent verification. The lot configuration supports planning for multifamily development, and the maximum height cited is 45 feet.

The property is located in Astoria, Queens, within the Inner Transit Zone described in the remarks, where parking mandates were eliminated as of December 5, 2024 for new residential development. The seller notes that City of Yes for Housing Opportunity is now in effect and that no parking is required for new residential development on this site. The N and W subway lines are accessible 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 may be delivered vacant, and all zoning, FAR, and buildable figures referenced should be confirmed with an architect and/or the NYC Department of Buildings prior to reliance.

Key Highlights

  • 5,002 sq. ft. lot in Astoria’s R5D zone with 2.0 FAR for up to 10,004 sq. ft. potential buildable area
  • 25‑ft wide x 200‑ft deep lot; a two‑family structure sits on the site and can be delivered vacant
  • Zoning/parking details: Inner Transit Zone where parking mandates were eliminated as of Dec 5, 2024 for new residential development

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Parking Lot & Garage Real Estate Agency Nursing Home Nursing Home Home Appliance Store Hotel & Motel Pet Grooming Service Storage Facility Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-family structure on a 25-by-200-foot lot in an R5D zone with potential for up to 10,004 buildable sq. ft.
Where is this duplex 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 Astoria’s R5D zone with 2.0 FAR for up to 10,004 sq. ft. potential buildable area; 25‑ft wide x 200‑ft deep lot; a two‑family structure sits on the site and can be delivered vacant; Zoning/parking details: Inner Transit Zone where parking mandates were eliminated as of Dec 5, 2024 for new residential development
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More about this property
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