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17,062 SF Development Site at 21-66 31st Street

17,062 SF Development Site at 21-66 31st Street
FOR SALE
View more

$4,100,000

21-66 31st Street, Astoria, NY 11105

Property Description

17,062 SF Development Opportunity with DOB Approved Plans

UAP City of Yes 20% Bonus | Project Selected for no Additional UAP Audit

24 Unit Elevator Apartment Building

All Units Feature Private Roof Terraces with Impressive Views

One Block to "N" & "W" Subway Lines | 15 Minute Subway Ride into Manhattan


Property Details

Asset Type

Development Site

Zoning

R6A

Lot Size

4,375 SF

Neighborhood

Astoria

ZIP

11105

Listing Type

sale

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$233,233

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$19,436

Annual Debt Service

$233,233

View on Map

Address

21-66 31st Street

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Astoria Development Site Market Snapshot

Boundary boundary · Development Site · Sale

No investors found in this market.

Contact the Listing Team

Matt Fotis

Matt Fotis

Senior Managing Director

115 closed

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Matt Fotis

Matt Fotis

Senior Managing Director

115 closed

Call