26-34-26-38 3rd St 0.36 Acres of Commercial Land Offered at $14,457,344 CAD in Astoria, NY 11102

Positioned in the heart of Astoria’s rapidly evolving waterfront corridor, 26-34 & 26-38 3rd Street presents a rare development opportunity with sweeping East River views and proximity to transformative projects like Halletts Point (2.4 million SF) and Astoria Cove (1.76 million SF). This 15,543 SF lot spans two parcels and offers up to 74,606 buildable square feet under community facility zoning, or 60,618 ZFA with the newly available UAP residential bonus.
The site’s R6 zoning and 125' x 125' dimensions allow for flexible design configurations, ideal for developers targeting luxury residential, mixed-use, or institutional programming. With an unbonused FAR of 2.20 and UAP-enhanced FAR of 3.90, the property supports significant vertical density while remaining within a vibrant, transit-accessible neighborhood.
Astoria’s waterfront renaissance is attracting major investment, and this site sits at the nexus of that momentum. Residents will benefit from nearby parks, ferry access, and cultural amenities, while developers can capitalize on the area’s rising demand and long-term growth trajectory. The property is offered at $10.5 million, with taxes currently assessed at $29,195 for the 2025/26 period.