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4 Beds
2 Baths

$1,599,888

25-57 31st Street, Astoria NY, 11102

Price per sqftN/A
Built in1910
Property typeMulti-family
Courtesy of Rescue Realty LLC, Basil Makris Listing Contact: 718-908-0323

Overview

Active

Listed Nov 7, 2026

Updated 14h ago

Prime Astoria Residential & Commercial Development Opportunity. Positioned in desirable Astoria, this 25x85 lot presents a compelling opportunity for developers and investors seeking a property with existing residential utility, potential income generation, and future development flexibility. Zoning: C4-3 / R6B Potential Buildable Area: Approximately 10,000 sq. ft., subject to verification by a qualified architect and compliance with applicable zoning and building regulations. Existing Property: Two-family residence. Apartments: Two two-bedroom apartments, offering potential rental income. Additional Features: One-car garage and full basement. Survey: Available upon request. The property combines an existing two-family configuration with potential for future residential and commercial development, subject to applicable approvals and professional review. Its Astoria location may appeal to investors seeking current income potential and developers evaluating a larger-scale project. All development potential, including buildable area, permitted uses, and income projections, should be independently verified by the purchaser's architect, attorney, and other qualified professionals.

$10,644/mo

Est. mortgage payment based on a $1,599,888 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1071566

Interior Features

Bedrooms
4
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$7,499
Tax Frequency
Annually
Garage
Yes

Listings courtesy of OneKey MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Samantha Bisagni shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 3:40 AM UTC on 11/9/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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OneKey MLS. All rights reserved.

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