Listing Notes
Prime Astoria Development Opportunity R7X Zoning Exceptional opportunity to acquire a vacant development site in the heart of Astoria. Located at 18-44 26th Road, this 25 ft x 78 ft lot offers approximately 8,700 buildable square feet under R7X zoning. Situated on a desirable residential block, the property is ideally positioned for a boutique condominium or rental development. The R7X designation allows for efficient residential layouts, making it highly attractive for developers seeking strong unit mix potential. Astoria continues to experience robust demand, with new developments in the area consistently achieving resale values exceeding $1,000 per square foot. The neighborhood's vibrant dining scene, proximity to the waterfront, and convenient access to Manhattan via nearby subway lines further enhance long term value. This is a rare chance to secure a well located development site in one of Queens' most dynamic and rapidly appreciating markets. Key Highlights: Lot Size: 25' x 78' Zoning: R7X Buildable: ~8,700 SF Strong condo sellout comps ($1,000+/SF) Prime Astoria location near transportation, retail, and waterfront
Price in context
Cheaper than 17% of the 24 homes listed nearby right now, which run $949,000 to $1,890,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 12-16 30th Ave Unit 204 | $949,000 | 2 bd · 2 ba |
| 28-08 21st St Unit 7D | $960,000 | 2 bd · 2 ba |
| 25-40 Shore Blvd | $988,000 | 2 bd · 2 ba |
| 25-40 Shore Blvd Ph 18D | $988,000 | 2 bd · 2 ba |
| 25-40 Shore Blvd | $988,000 | 2 bd · 2 ba |
| 12-16 30th Ave Unit 203 | $999,000 | 2 bd · 2 ba |
| 28-08 21st St Unit 1A | $1,035,000 | 2 bd · 3 ba |
| 25-23 Newtown Ave # 2D | $1,175,000 | 2 bd · 2 ba |
| 2304 30th Ave | $1,195,000 | 4 bd · 2 ba |
| 25-23 Newtown Ave # #pha | $1,195,000 | 2 bd · 2 ba |
| 25-23 Newtown Ave # 2E | $1,250,000 | 2 bd · 2 ba |
| 25-23 Newtown Ave # 6A | $1,295,000 | 2 bd · 2 ba |
| 25-23 Newtown Ave # 6A | $1,295,000 | 2 bd · 2 ba |
| 30-11 21st St Unit 4E | $1,348,000 | 2 bd · 2 ba |
| 21-31 25th Rd | $1,399,000 | 4 bd · 3 ba |
| 21-05 30th Ave | $1,399,000 | 5 bd · 3 ba |
| 23-13 29 Ave | $1,425,000 | 4 bd · 2 ba |
| 12-16 30th Ave Unit 201 | $1,499,000 | 3 bd · 2 ba |
| 24-48 Crescent St | $1,650,000 | 6 bd · 3 ba |
| 24-48 Crescent St | $1,650,000 | 6 bd · 3 ba |
| 25-14 Crescent St | $1,758,888 | 4 bd · 2 ba |
| 25-14 Crescent St | $1,758,888 | 4 bd · 2 ba |
| 2464 Crescent St | $1,800,000 | 8 bd · 5 ba |
| 12-10 27th Ave | $1,890,000 | 6 bd · 4 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more