3245 37th Street, Astoria, NY, 11103
$2,200,000
Multi Family
Commercial
Details
ML#: 892980
- # of Families: 6
- Sale or Rent:Sale
- Year Built: 1921
- Taxes: $15,807
- Status:Active
Description
A rare opportunity to acquire a fully vacant 6-family building at closing—perfect for investors and developers looking to unlock immediate value.Situated on an oversized 50’ x 100’ lot with R5 zoning, the property offers approx. 6, 250 buildable square feet, with potential for additional FAR under the City of Yes initiative. Delivered completely vacant, it offers the unique ability to gut renovate and pursue a condo conversion (subject to approvals).Current layout:Four 2-bedroom units on the first and second floorsTwo 1-bedroom units on the top floorEach unit is separately metered for gas and electricThere’s also the potential to retain the existing structure or extend in the rear to maximize square footage (consult your architect).Ideally located between the N/W and M/R subway lines, just off Broadway in the heart of Astoria.Centrally located between the N/W and M/R subway lines, just off Broadway near top dining, retail, and transportation.A rare blank slate in a prime Astoria location, vacant and ready for your vision.
More Property Details
Lot Size: 0.1148
Lot Sq Ft: 5000
Heat: Oil
A/C: None
Water: Public
Sewer: Public Sewer
Taxes: $15,807
Listing Information provided courtesy of
Amorelli Realty LLC
718-578-1866