23-26 BROADWAY

For Sale - Queens - Astoria

$2,125,000

Net Operating Income: Contact Agent

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Key Details

Property Type
Mixed Use
Neighborhood
Astoria
Property Dimensions
25.0 x 100.0
Property Area
2,500 sq.ft.
Total Units:
1
Stories:
1
NOI
Contact Agent
Price
$2,125,000
Price Per Unit
$2,125,000
Cap Rate
-%

Listing Description

The 1 story property is on a 25 x 114’’ lot and is zoned R6A/C1-4,R5 Infill. The “As of Right” FAR is 3 for the R6A/C1-4 portion of the lot and the FAR is 1.65 for the R5 infill portion of the lot allows for approximately 8,078 total buildable square feet. (Block: 566 , Lots:39).

This property offers developers the rare opportunity to purchase a mixed use development site with 25’ of retail
frontage on Broadway in the rapidly expanding market occurring in core Astoria, Queens.

Property Details

Block/Lot:
566/39
Lot Dimensions
25.0 x 112.0
Lot Area
2,800 sq.ft
Zoning:
R6A
FAR as Built:
0.89
Max FAR:
3.0
Matt FotisMarcus & Millichap
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Sales & Transactions

AddressSale PriceSale DateProperty Type
20-22 STEINWAY STREET$2,225,00006/18/2018Mixed Use
8-23 ASTORIA BOULEVARD$1,515,00005/18/2018Mixed Use
35-02 ASTORIA BOULEVARD S$1,750,00005/02/2018Mixed Use
26-17 23RD AVENUE$1,585,00002/27/2018Mixed Use
27-29 21ST STREET$1,300,00002/12/2018Mixed Use
34-04 34TH AVENUE$9,350,00001/30/2018Mixed Use
25-30 BROADWAY$3,650,00001/05/2018Mixed Use
24-01 31 STREET$400,00012/23/2016Mixed Use
25-81 41ST STREET-02/08/2016Mixed Use
25-15 30TH AVENUE-02/03/2016Mixed Use