33-10 28Th Ave Queens, NY 11103

This exceptional development opportunity presents a 2,700 square foot lot (27.17 ft x 100 ft) located at 33-10 28th Ave in Astoria, Queens, NY 11103. The property includes a two-story mixed-use building of approximately 1,800 square feet, currently occupied under month-to-month leases with early termination options. This offers significant flexibility for redevelopment. Zoned R6-A, the site boasts a favorable floor area ratio (FAR), allowing for the development of up to 8,100 square feet of residential buildable area as-of-right. The property's prime location offers excellent visibility and accessibility, situated near the N & W subway lines and numerous bus routes. This makes it an ideal site for residential or community facility development, capitalizing on Astoria's thriving market. The asking price is $2,400,000. This is a single-ownership property, offering a unique chance to create a significant development in a highly desirable New York City neighborhood. The property is a sale/leaseback investment opportunity.