27-05 27TH Street

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.