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Coveted Development Site Listed at 24-41 31st Street Astoria

Coveted Development Site Listed at 24-41 31st Street Astoria
FOR SALE

24 41 31st Street, Astoria, NY 11102

Property Description

The Modern Spaces Commercial Division is pleased to present this highly coveted development site at 24-41 31st Street, Astoria, NY. The recently rezoned lot consists of 29,638 square feet of land (0.68 acres) and 149,733 buildable square feet, as of right, for a mixed-use project. With over 443 feet of wrap around frontage, and a location in the heart of Astoria, the property poses an excellent development opportunity for someone looking for scale in one of the hottest markets in NYC. Call, email or DM Evan Daniel at 516-508-8189, [email protected], @evandaniel31 for more information.


Property Details

Asset Type

Development Site

Zoning

C4-5X / C4-4 / R5B

Lot Size

29,638 SF

Neighborhood

Astoria

Submarket

Astoria

ZIP

11102

Listing Type

sale


Offering Memorandum

Download

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

$0

Cash-on-Cash Return

0.00%

Monthly Debt Service

$0

Annual Debt Service

$0

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Astoria Development Site Market Snapshot

Boundary boundary · Development Site · Sale

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Evan Daniel

Evan Daniel

Executive Vice President

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Evan Daniel

Evan Daniel

Executive Vice President

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Call