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Property profile & analytics
OFF-MARKET
Land

14-45 Broadway Queens, NY 11106

Property ID
Property summary
AI-generated overview

This 3,400 square foot lot in Astoria, Queens, presents a remarkable development opportunity. Located on Broadway between 14th and 21st Streets, this R7A, C2-3 zoned property allows for a substantial mixed-use development totaling 11,600 buildable square feet. Currently improved with a 1,940 square foot warehouse/office building, the site offers flexibility for a variety of projects, including residential condos or apartments, with retail space permitted on the ground floor. The 25' x 136' lot provides ample space for a significant development. Conveniently situated near public transportation, with a 10-minute train ride and a 5-minute ferry access, this property benefits from excellent connectivity. The property is located in one of Astoria's most rapidly developing areas, just off the corner of 21st Street, a key development corridor. An alleyway easement is included, providing convenient access to the rear of the lot. The asking price is $2,200,000, with current annual taxes totaling $11,249 (Tax Class 4). This is an exceptional chance to capitalize on Astoria's thriving real estate market.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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