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Key Details
Sold Price $1,950,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,532 sqft
Price per Sqft $770
Subdivision Astoria
MLS Listing ID RLS10806257
Sold Date 11/04/22
Style Prewar
Bedrooms 8
Full Baths 4
Half Baths 1
HOA Y/N No
Year Built 1910
Property Sub-Type Single Family Residence
Property Description
Prime Astoria Redevelopment Opportunity
This 2,532 SF Three Family home with a 1,200 SF garden sits on a 3,350 SF lot in Astoria's most coveted location. At $175 per buildable SF and 8,858 remaining buildable square feet this property is an excellent candidate for a Condo development with ground floor commercial.
The allowable usable floor area is 11,390 SF. The Max FAR is 3.40. As built the property is currently at 0.76 FAR.
Currently the three existing residential units are all rented out on month-to-month leases. Current Annual Rent Roll is: $79,200. The property can be delivered with tenants or vacant.
Prime location between the N&W Astoria Blvd and 30th Avenue Subway stops.
Location
State NY
County Queens
Building Detail https://bhre.com/nyc/buildings/25-81-31st-st?listingId=1109809429&sold-listing=true
Interior
Fireplace No
Exterior
Exterior Feature Garden
Private Pool No
Building
Story 3
Others
Pets Allowed Pets Allowed
Pets Allowed Building Yes, Yes
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RLS Data display by Brooklyn Heights Real Estate