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4319 Astoria Blvd 0.06 Acres of Residential Land Offered at $1,598,962 CAD in Long Island City, NY 11105
Investment Highlights
- 25' x 100' Lot Zoned R5
- Occupied month to month & Cash-Flowing - Can Be delivered Vacant
- Easy to Finance -Single Family Home with 3 Car-Garage
- Located on Astoria Blvd. making this suitable for commercial or residential
- Average Nearby Condo Sellout $1,400 /SF
Executive Summary
Detached Single-Family Home on a 25 by 100 lot, occupied by month-to-month tenants, providing an annual short-term income while planning for re-development.
VERY LOW PROPERTY TAXES less than $4000 per year
Development potential and zoning info:
-Zoning: 25'x100' lot - R5
-5,000 sq ft, to build at least 5 apartments/condos and a community facility.
Or
-3,750 sq ft up to 5 units as condo or rentals without a community facility.
Buyers must perform their own due diligence to confirm applicability.
Great tenant in place on a month-to-month basis and collect rental income until plans are approved and construction is ready to start. The property may also be delivered vacant upon request.
Please do not visit the property without scheduling through the listing agent, and do not disturb the tenants.
Brokers welcome! Bring your offers.
Disclosures: The listing broker is also a part owner of the property.
VERY LOW PROPERTY TAXES less than $4000 per year
Development potential and zoning info:
-Zoning: 25'x100' lot - R5
-5,000 sq ft, to build at least 5 apartments/condos and a community facility.
Or
-3,750 sq ft up to 5 units as condo or rentals without a community facility.
Buyers must perform their own due diligence to confirm applicability.
Great tenant in place on a month-to-month basis and collect rental income until plans are approved and construction is ready to start. The property may also be delivered vacant upon request.
Please do not visit the property without scheduling through the listing agent, and do not disturb the tenants.
Brokers welcome! Bring your offers.
Disclosures: The listing broker is also a part owner of the property.
Property Facts
| Price | $1,598,962 CAD | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Apartment Units - Condo |
| No. Lots | 1 | Total Lot Size | 0.06 AC |
| Property Type | Land | ||
| Zoning | R5 - R5 with a potential FAR of 2 under “City of Yes” with community facility | ||
| Price | $1,598,962 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 0.06 AC |
| Zoning | R5 - R5 with a potential FAR of 2 under “City of Yes” with community facility |
1 Lot Available
Lot
| Price | $1,598,962 CAD | Lot Size | 0.06 AC |
| Price Per AC | $27,860,371.28 CAD |
| Price | $1,598,962 CAD |
| Price Per AC | $27,860,371.28 CAD |
| Lot Size | 0.06 AC |
Zoning R5 Lot Size:2,500 sq.ft. (25' × 100') Development potential includes up to 5,000 sq ft with a community facility, allowing for up to 6-7 units, or up to 3,750 sq ft without a community facility, allowing for up to 5 units.
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00780-0023 | Improvements Assessment | $22,938 CAD |
| Land Assessment | $5,735 CAD | Total Assessment | $28,673 CAD |
Property Taxes
Parcel Number
00780-0023
Land Assessment
$5,735 CAD
Improvements Assessment
$22,938 CAD
Total Assessment
$28,673 CAD
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Hudson Exclusive, Inc.
4319 Astoria Blvd
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