29-07 Newtown Ave Queens, NY 11102

This exceptional development site in Astoria, Queens offers a unique opportunity to build approximately 9,500 square feet. Located at 29-07 Newtown Avenue, this property boasts R6A/R6B zoning with a 3 FAR, allowing for substantial construction. The site currently features a large two-family brick house (20' x 57' on a 25.33' x 134.5' lot), presenting potential for immediate income generation or redevelopment. Its prime location offers unparalleled convenience, just steps from the vibrant 30th Avenue, with its diverse array of restaurants, shops, and nightlife. Commuting is a breeze, with the N and W subway lines a mere 5-minute walk away, providing easy access to Manhattan in under 20 minutes. Astoria Park is also within a 10-minute walk. The property's annual property taxes are $11,681. Preliminary plans are available. The asking price is $2,645,000. All information is deemed reliable but not guaranteed. Square footage ranges from 2,280 to 9,500 square feet. The building is a two-story structure built in 1920.