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12-24 31st Ave
Astoria, NY 11106
Land For Sale
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0.06 AC

Executive Summary
Great investment! The site is located within an R5B zoning district, permitting a 1.5 FAR, which allows for approximately 3,700–3,800 buildable square feet and able to build up to property line. Set along vibrant 31st Avenue, the property benefits from immediate proximity to neighborhood retail, dining, and destination corridors, while remaining within walking distance of multiple transit options, including the N/W subway lines and the Astoria Ferry Landing, providing convenient access to Manhattan and the broader New York City market.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.06 AC |
| Property Type | Land | ||
| Zoning | R3-B - Low density residential district | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.06 AC |
| Zoning | R3-B - Low density residential district |
1 Lot Available
Lot
| Price | $1,364,264 CAD | Lot Size | 0.06 AC |
| Price Per AC | $23,415,220.39 CAD |
| Price | $1,364,264 CAD |
| Price Per AC | $23,415,220.39 CAD |
| Lot Size | 0.06 AC |
Able to build up to property line, buildable 3,807 sf of space vacant lot, FAR 1.5
Description
12–24 31st Avenue is a prime residential development opportunity located in the heart of South Astoria, Queens—one of New York City’s most sought-after and supply-constrained neighborhoods. The property consists of a rectangular 2,500± SF lot improved by a three-family residential building, offering either repositioning or redevelopment potential under current zoning regulation
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