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3009 21st St

0.05 Acres of Residential Land Offered at £1,491,172 in Astoria, NY 11102

INVESTMENT HIGHLIGHTS

  • Approved Plans for 11 Units (1 Commerciala and 10 Residential)
  • Vacant lot Fenced & Shovel Ready
  • Opportunity Zone
  • 20'x100' Lot Zoned R7A/C2-3
  • Average Nearby Condo Sellout $1,400 /SF
  • Located on 30 Ave and 21 St, close to everything!

EXECUTIVE SUMMARY

Approved Plans, vacant lot, fenced, and shovel-ready! - Ready for Immediate Construction
Located at the corner of 30th Avenue and 21st Street, offers outstanding development potential within a qualified opportunity zone.
The property is shovel-ready, fully fenced, and comes with approved plans for an 8,000 sq. ft. build-able area, comprising 11 units (10 residential apartments and 1 commercial space with a basement). Additionally, under the recently passed Universal Affordability Preferences, the development potential increases to 10,000 square feet. The asking price is based on the current approved plans!
Additional Highlights:
-Lot Size: 20' x 100', zoned R7A with a C2-3 overlay.
-Underpinning Completed: The neighboring condo developer has completed underpinning on the right-hand side, streamlining the development process.
-Approved Plans: Existing plans available upon request.
-Qualified Opportunity Zone: Offering potential tax benefits for eligible investors.
Disclosure: The listing broker is also the owner of the property.

PROPERTY FACTS

Price £1,491,172
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.05 AC
Opportunity Zone Yes

1 LOT AVAILABLE

Lot 16

Price £1,491,172
Price Per AC £32,477,508.25
Lot Size 0.05 AC

Prime Vacant Lot with Approved Plans, Ready for Immediate Construction Located on 30th Ave & 21st St, offering outstanding development potential in a qualified opportunity zone. Lot Size: 20' x 100', zoned R7A with a C2-3 overlay.

Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (82)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

ZONING

Zoning Code R7A/C2-3 (Approved Plans for 11 units 8,000 Sq Ft with potential increase to 10,000 Sq Ft under recently passed UAP)
R7A/C2-3 (Approved Plans for 11 units 8,000 Sq Ft with potential increase to 10,000 Sq Ft under recently passed UAP)
  • Listing ID: 28346997

  • Date on Market: 27/09/2021

  • Last Updated:

  • Address: 3009 21st St, Astoria, NY 11102

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