30-92 42ND Street

Welcome to this fully detached Astoria multifamily townhouse opportunity for sale with 2 parking spaces. The property is being delivered vacant which allows for the unique opportunity to immediately occupy and/or modify the home upon closing. This gives an end user or investor the unique advantage to add value as the property to meet the demand of lacking available supply for the rental market. The detached property sits on a 2,500 square foot lot (25 wide X 100 depth). The zoning is R5-C1-2. The current as built FAR is .72 where as the max as of right FAR is 1.5 and Facility FAR is 2. The building base footprint dimensions are 19 X 30 feet. The property can be expanded and improved upon. Bring your architect to understand the complete feasibility of the asset's potential. The location offers the next owner and residents a short distance to public transportation infrastructure in Astoria. The M & R train station on Steinway & Broadway & 46th Street & Broadway are nearly equidistant. Sitting less than 100 feet away from 31st Avenue between 30th Avenue & 31st Avenue offers the convenience to the bustling retail scene in Astoria where local markets, banks, gyms, bus lines, nightlife and then some. As the property is being delivered vacant, this offers a rare turnkey move for it's new owner. Contact us today to schedule a private walkthrough in this premiere Astoria, NY multifamily.