23-12 30th Road
23-12 30th Road
$2,025,000
3,558 / 0.08
Contract Signed
Description
Amazing Development Site in Astoria offering a great opportunity to the savvy developer as the current structure could be left in place while enlarging it into a 10 unit building and/or a large community or medical facility. This would save construction costs (no excavation, no foundation, no shoring and little to no underpinning), time and taxes, by filing for an Alteration 1 instead of a New Building. The survey and an architectural opinion are available upon request but we encourage you to verify...Amazing Development Site in Astoria offering a great opportunity to the savvy developer as the current structure could be left in place while enlarging it into a 10 unit building and/or a large community or medical facility. This would save construction costs (no excavation, no foundation, no shoring and little to no underpinning), time and taxes, by filing for an Alteration 1 instead of a New Building. The survey and an architectural opinion are available upon request but we encourage you to verify with your own architect. The oversized lot provides additional parking or outdoor space for entertaining. Total buildable as of right is 7,100 sq/ft PLUS bonus for community facility. Currently Vacant and in average good condition this Legal 4 family detached brick home in Astoria features four 1 Bedroom apartments EASILY convertible to Junior 4s, plus a full finished basement on the oversized 25 x142 feet lot with R6B zoning. Centrally located within 3 blocks to the N and W subway stations at 30th Ave., and close to multiple cafes, restaurants, and entertainment venues. Mount Sinai is in close proximity and it is a great source of tenants. Aside from developing the site, you could use it as it is as a turn key investment in an area with strong appreciation and a very healthy rental market. All the utilities are paid for by the tenants and the building has 4 separate boilers and 4 separate hot water heaters You could combine 2 units to create a larger home while still preserving the rental income. Sites like this, delivered entirely vacant are a rare find in Astoria. If you decide to hold it and rent it as a 4 family to develop it at a later time the Projected income and expenses for the current building is available upon request, (cap rate above 7%). All vacant, no rent stabilization, all free market rents. Property qualifies for the new tax 485x , option C, tax abatement program.
- Listed by Manuel A Vargas • Keller Williams Rlty LandmarkP: 718-475-2700 C: 917-559-2002 Manuel@TopQueensAgent.com
Property Details for 23-12 30th Road
Township
Queens
ViewCity
Zoning DescriptionResidential
Section Area23rd St
Offer PresentationCannot be Present
Location
LISTING UPDATED: 05/17/2024 02:22 PM
Property Details for 23-12 30th Road
Status | Contract Signed |
---|---|
MLS ID | 3542122 |
Days on Market | 44 |
Taxes | $32,516 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | - |
Compass Type | Land |
MLS Type | Land |
Year Built | 1930 |
Lot Size | 3,558 SF / 25' x 142' |
County | Queens County |
Building
Location
Building Information for 23-12 30th Road
Lot Size3,558 SF / 25' x 142'Building Age-Building Type-
Payment Calculator
$13,761 per month
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Property Information for 23-12 30th Road
Property History for 23-12 30th Road
Date | Event & Source | Price | Appreciation | Link |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 23-12 30th Road
Taxable ValueLand$195,750Additions$178,200Total$373,950
Home Facts
Total Finished SqFt3,400 SqFtLot Size3,558 SqFtYear Built1930ZoningR6BAPN4005710030
Schools near 23-12 30th Road
This home is within New York City Geographic District #30.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
P.S. 234 PublicPK to 5 | ||
Long Island City High School Public9 to 12 | ||
Academy For New Americans Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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