Assignments

Fully Approved Vacant in Astoria for 8 Units

26-24 30th Street, Astoria, NY 11102

26-24 30th Street, Astoria, NY 11102

under contract

Asking
Sale Price
$
1900000
1900000

Property Details

Status
For Sale
Property Type
Residential Development Site
Price Summary
$
1900000
Sale Price
$
1900000
Buildable SF
6391
Building SF
6391
LOT SF
6391
Cap RATE
%
Zoning
R6B

Highlights

  • 6,314 SF of buildable area, boosted by transferred air rights from 26-22 30th Street, maximizing development potential beyond the site's native zoning envelope
  • Prime Astoria location with strong access to transit, retail corridors, and a dense, transit-oriented residential population
  • Assemblage advantage — the air rights transfer reflects a clean, already executed transaction, reducing timeline risk and legal complexity for a buyer
  • Approved Plans in place for a total of 8 units spread over 4 floors and a basement utilizing 485x with 2 of those units affordable
  • Strong underlying market fundamentals, supported by continued residential demand and limited comparable development sites in the immediate area

Property DEscription

Landair Advisors is pleased to present 26-24 30th Street, a rare development site offering 6,314 buildable square feet, inclusive of additional air rights transferred from the adjacent lot at 26-22 30th Street. This assemblage driven upzoning provides a developer or investor with enhanced density and design flexibility not typically available on a standard through-lot in this submarket. Ideally located in the heart of Astoria, the site benefits from strong neighborhood fundamentals, excellent transit access, and steady residential and commercial demand — making it a compelling opportunity for ground-up multifamily, mixed-use, or condominium development. The property is located 2 blocks away from the Astoria Boulevard N, W train stop.

Map

Anand Melwani
Partner
(516) 658-1222
AM@landairnyc.com

Documents

Offering Memorandum
Data Room

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