30-09 21St St Queens, NY 11102
This exceptional 0.05-acre commercial lot in Queens, NY (11102), presents a unique investment opportunity. Located at the corner of 30th Avenue and 21st Street, this property boasts approved plans for an 8,000 square foot building, encompassing ten residential apartments and one commercial space, totaling 10,200 square feet including the basement. The lot, measuring 20' x 100', is zoned R7A/C2-3 and situated within a qualified opportunity zone. Importantly, the property is completely fenced, shovel-ready, and ready for immediate construction. Underpinning work has already been completed on the adjacent property by a neighboring condo developer. Approved plans are available upon request. Asking price is $1,950,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.