Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,250,000

· Closed February 13, 2025

27-05 27TH Street
Closed For Sale Multi Family

$2,250,000

27-05 27TH Street

Astoria, Queens

MLS® #RLS10962225

RLS at REBNY

Listing by Corcoran Group

7

Bedrooms

3

Baths

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 7
Bathrooms 3
Lot Size 3,265.08 sq ft
Year Built N/A
Ownership None
Property Taxes $12,600/yr
Neighborhood Astoria
Floor 1 of 3

Property Highlights

  • Views: Other

Property Details

Type Multi Family
Ownership None
Total Rooms 13
Baths 3 Full
Floor 1 of 3
View Other
Pets Yes
Structure Type Townhouse
Basement Other
Lot Size 3,265.08 sq ft
Block/Lot 00575/0001

Listing History

Event Date Price Change
Listed May 16, 2024 $2,500,000 -
Currently Jun 2, 2026 $2,250,000 -10.0%

Description

Corner Development Site for Sale in Astoria.
27-05 27th Street, a development site in the diverse, high density and established neighborhood of Astoria, Queens.
The property boasts R6A and R6B zoning, allowing for 9,200 buildable square foot residential building with 10 units (proposed).
The site is located in the prime neighborhood of Astoria, within easy striking distance of 30th Avenue shopping and multiple subway lines.
This corner lot offers great advantages with multiple design/floor plan possibilities and abundant natural light in all units.
Given the current high demand for luxury condominiums and rentals, you can expect to achieve $1,200+ PPSF for condos and $65.00+ per PPSF for rentals.
Astoria puts an entire world of food in your hands, from indulgent gastropubs to time-tested favorites. You'll find the greatest varieties along 30th Avenue, Ditmars Boulevard, and around the Broadway-Steinway subway stop. Grab a snack and head for Astoria Park, a recreation-filled oasis for countless activities - or just kicking back.
Aside from being the neighborhood of America's most celebrated piano maker, Astoria is also inextricably tied to filmmaking. This link is evidenced by the Kaufman Astoria Studios and the Museum of Moving Image. Another popular hangout is Socrates Park, located on the waterfront.
Property set-up sent upon request.

Features & Amenities

Interior Features

Smoke Free In Unit

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 3
Structure Townhouse

Financial Details

RE Taxes $12,600/yr ($1,050/mo)
Original Price $2,500,000
Sale Price $2,250,000
Previous Price $2,500,000

Astoria is one of New York City’s most beloved neighborhoods, famous for its incredible international food scene and relaxed atmosphere. The real estate market offers excellent value, featuring a blend of traditional multi-family brick houses, pre-war cooperatives, and a growing number of sleek new construction condominiums. With its stunning waterfront park and quick commute to Manhattan, Astoria is a top choice for those seeking a balanced urban lifestyle.

Astoria Live Market Data

View Neighborhood

Active Listings

95

Median Asking Price

$779K

Median $/Sqft

$1,043

Avg Days on Market

N/A

New This Week

4

Price Reduced

18%

Sold (30 Days)

5

Median Sale Price

$669K

Live data from RLS at REBNY • Updated 6/1/26, 9:15 PM EST

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Location

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27-05 27TH Street, Astoria, Queens County

Building Information

Official NYC property records for this building

1980
Year Built
46 years old
3
Floors
3
Residential Units
R6A
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $110,640
Land Value: $24,540
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 3,265 SF
Building Area: 2,834 SF
Built FAR: 0.87
Allowed FAR: 3

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $12,600, or roughly $1,050 per month. Verify the current assessment with your attorney before closing.

This property has 7 bedrooms and 3 full bathrooms.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10962225
First Listed: 5/29/2024
On Market: 5/16/2024
Price Changed: 2/21/2025
Closed: 2/13/2025
Contract Date: 5/29/2024

Listing Courtesy of Corcoran Group - Aleksey Gavrilov

Listing Contact: (347) 617-7690

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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/2/2026 at 1:15 AM UTC

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