25-14 Crescent St, Astoria, NY 11102

Description

Priced for land value, Rare find this 5,002 sq. ft. lot in Astoria's R5D zone offers a compelling development opportunity in one of Queens' most active corridors. Under current zoning, the lot carries a 2.0 FAR, which translates to up to 10,004 sq. ft. of potential buildable area — enough to explore a multifamily building of up to approximately 13-14 units at a maximum height of 45 fee. A two-family structure sits on the lot today, offering the option to hold while plans are explored. The 25-foot-wide, 200-foot-deep configuration is a practical footprint for new construction, and with the City of Yes for Housing Opportunity now in effect, no parking is required for new re...