30-88 Crescent Street

$9,750,000
Price
12
Beds
5,508 Sq. Ft.
$1,770 / Sq. Ft.
5,508
Sq. Ft.
$1,770
per Sq. Ft.

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.
  1. Listed by Robert Napolitano • Capri Jet Realty Corp
    P: 718-388-2188 C: 718-388-2188 robert@caprijetrealty.com

Property Details for 30-88 Crescent Street

Township
Queens
Architectural Style
Two Story
Zoning Description
R6A, R6B
Community Features
Park,Near Public Transportation
Garage Spaces
.00
Section Area
31st Ave
Offer Presentation
Can be Present

Location

Listing Courtesy of Capri Jet Realty Corp
Add your commute
LISTING UPDATED: 04/16/2024 09:53 PM

Property Details for 30-88 Crescent Street

StatusActive
MLS ID3531103
Days on Market80
Taxes$20,340 / year
Maintenance-
Min. Down Pymt-
Total Rooms18.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1940
Lot Size11,286 SF / 18' x 228'
CountyQueens County

Building

30-88 Crescent St

2 Units2 StoriesBuilt in 1940

Location

Listing Courtesy of Capri Jet Realty Corp
Add your commute

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

30 year fixed, 7.25% Interest

Principal and Interest

$53,210

Property Taxes

$1,695

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 30-88 Crescent Street

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 11
  • Directions: Use Google Maps
  • Tax Block: 570
  • Tax Lot: 52
  • Property Attached: Yes
  • Structure Type: true
  • Levels: Three Or More
  • New Construction YN: No
  • Flood Zone Report: 0
  • Square Footage Source: Other
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Queens 30
  • Elementary School District: Queens 30
  • Middle Or Junior School District: Queens 30
  • Middle Or Junior School: Albert Shanker Sch-Visual/Perf Arts
  • High School District: Queens 30
  • High School: Frank Sinatra School Of The Arts Hs
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 6
Room Information
Room 1 Information
  • Room Level: Basement
  • Room Type: Additional
  • RoomDescription 1: Full Finished Basements
Room 2 Information
  • Room Level: First
  • Room Type: Additional
  • Room Description: 3 Units
Room 3 Information
  • Room Level: Second
  • Room Type: Additional
  • Room Description: 3 Units
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 00570-0052
  • Tax Map Number: 00570-0052
Interior and Exterior Features
Interior Features
  • Amenities: Back Yard, Near Public Transportation, Park, Public, Two Story
  • Number Of Kitchens: 6.0
  • Total Rooms: 18
  • Living Area: 5508.0
  • Living Area Units: Square Feet
  • Basement: Finished, Full
  • Fireplaces Total: 0
  • Location Amenities: 2 Story, Near Public Transportation
  • Common Walls: 2+ Common Walls
Exterior Features
  • Exterior Property Features: On Street, Back Yard, Park, Near Public Transportation, Level, Near Public Transit
  • Elevation Certificate: No
  • Fencing: Back Yard
  • Construction Materials: Frame
  • Road Responsibility: Public Maintained Road
Lot Information
  • Lot Features: Level,Near Public Transit
  • Lot Size Dimensions: 51.5 x 231.7
  • Site Features: Park, Near Public Transportation, Level, Near Public Transit
  • Building Area Units: Square Feet
Parking
  • Parking Features: On Street
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Hot Water
  • Heat Fuel Type: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 6
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 6
Green Features
  • Green Features: Natural Gas, Hot Water

Property History for 30-88 Crescent Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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30-88 Crescent Street is a multi-family home for sale in Astoria. This property was listed for sale on February 12, 2024 by Capri Jet Realty Corp, it's currently listed at $9,750,000. This listing's school district is New York City Geographic District #30. Nearby schools include P.S. 234, Albert Shanker School For Visual And Performing Ar and Long Island City High School. 30-88 Crescent Street is a 12-bed, 0-bath, 5,508 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Capri Jet Realty Corp

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.