23-37 31st Ave Astoria, NY 11106

Prime Astoria R6A Development Opportunity - 25' Wide Lot with Condominium Upside An exceptional opportunity to acquire a 25' x 91' (approx. 2,293 sq ft) parcel in the heart of Astoria, zoned R6A and offering approximately 6,800-6,900 buildable square feet as-of-right (FAR 3.0). This property is being marketed primarily for land value and redevelopment potential. The 25-foot frontage provides efficient floor plate design and strong street presence, creating an ideal foundation for a boutique residential development. R6A zoning supports mid-rise construction under Quality Housing regulations, allowing for a well-proportioned building envelope suitable for a thoughtfully designed multi-family or condominium project. For builders seeking scale without overexposure, the lot size supports a limited, high-quality boutique condo concept positioned to meet ongoing buyer demand in the Astoria market. Located along vibrant 31st Avenue, the site benefits from proximity to transit, retail corridors, and neighborhood amenities that continue to drive strong residential absorption in the area. Recent citywide zoning reforms under NYC's "City of Yes" housing initiative may provide additional development flexibility where applicable (buyer to verify independently). Highlights: "¢ 25' x 91'- lot "¢ Approx. 2,293 sq ft lot area "¢ Zoned R6A "¢ Approx. 6,800-6,900 buildable SF as-of-right "¢ Quality Housing mid-rise district "¢ Boutique condominium or residential development potential "¢ Existing structure conveyed as-is A strategic land acquisition opportunity in one of Queens' most established and resilient residential submarkets.