30-88 Crescent Street
30-88 Crescent Street
$9,750,000
12
5,508
5,508
$1,770
Description
30,864 BSF Development Opportunity in Prime Astoria! These 3 adjacent properties are a development site in the diverse, high-density, established neighborhood of Astoria. The properties boasts a R6A, R6B zoning, allowing for an "as-of-right" 30,864 Sq. Ft. residential building with (46) units (proposed). The offering consists of 3 adjacent lots: - Lots: 51, 52, 53 - Block: 570 - Zoning: 86% of lot in R6A; 14% in R6B, allowing for 2.8 FAR - Lot Dimensions: 51.5 x 231.72 (Irreg. approx.) The site is...30,864 BSF Development Opportunity in Prime Astoria! These 3 adjacent properties are a development site in the diverse, high-density, established neighborhood of Astoria. The properties boasts a R6A, R6B zoning, allowing for an "as-of-right" 30,864 Sq. Ft. residential building with (46) units (proposed). The offering consists of 3 adjacent lots: - Lots: 51, 52, 53 - Block: 570 - Zoning: 86% of lot in R6A; 14% in R6B, allowing for 2.8 FAR - Lot Dimensions: 51.5 x 231.72 (Irreg. approx.) The site is located 3 blocks from the 30th Avenue N/W subway stop. The property is also located in between the Hallett's point megadevelopment and the N/W train station which takes you into Manhattan in under 20 minutes. Astoria has seen tremendous growth in both rental (above $60 PSF) and condo pricing (above $1,200 PSF) due to its convenient transportation options, thriving restaurant & bar scene, diverse demographics, and proximity to Manhattan. There are various employment opportunities in the area including a Mount Sinai Hospital expansion as well as the DeNiro/Wildflower studio joint venture being built in Astoria-Ditmars. Long Island City, 4 subway stops away, is home to various fortune 500 company HQs. The property benefits from close proximity to multiple high-traffic areas including: Astoria Boulevard, 21st Street, Broadway, and 30th Avenue, 31st Street and Ditmars Boulevard. This property represents a perfect opportunity for a developer to take advantage of Astoria's fast growth and popular nightlife. All air rights are intact. Key Points: - 30,864 Buildable Sq. Ft. As of Right. (46) Units - Strong Retail Corridor Between Hallet's Point Megadevelopment and N/W Stop. - Strong Growth in Condo and Rental Prices. Close to Nightlife and transportation. Unique Development Opportunity! Zoning Analysis is Available! Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.
- Listed by Robert Napolitano • Capri Jet Realty CorpP: 718-388-2188 C: 718-388-2188 robert@caprijetrealty.com
Property Details for 30-88 Crescent Street
Township
Queens
Architectural StyleTwo Story
Zoning DescriptionR6A, R6B
Community FeaturesPark,Near Public Transportation
Garage Spaces.00
Section Area31st Ave
Offer PresentationCan be Present
Location
LISTING UPDATED: 04/16/2024 09:53 PM
Property Details for 30-88 Crescent Street
Status | Active |
---|---|
MLS ID | 3531103 |
Days on Market | 99 |
Taxes | $20,340 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 18.0 |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 1940 |
Lot Size | 11,286 SF / 18' x 228' |
County | Queens County |
Building
Location
Building Information for 30-88 Crescent Street
Stories2Residences2Year Built1940Building Size18' x 40'Building Sq. Ft1,440 SFLot Size11,286 SF / 18' x 228'Building Age-Building Type-
Payment Calculator
$54,905 per month
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Property Information for 30-88 Crescent Street
Property History for 30-88 Crescent Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 30-88 Crescent Street
Taxable ValueLand$24,960Additions$46,200Total$71,160
Home Facts
Total Finished SqFt1,440 SqFtLot Size3,900 SqFtYear Built1940ZoningR6AAPN4005700052
Schools near 30-88 Crescent Street
This home is within New York City Geographic District #30.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
P.S. 234 PublicPK to 5 | ||
Long Island City High School Public9 to 12 | ||
Academy For New Americans Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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