18-44 26th Road, Astoria, NY 11102

$1,700,000

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List Price
$1,700,000
Price Change
▼ $100,000 1783984384
Days on Market
89
MLS#
993609
Status
ACTIVE
Property Tax
$1,399
School District
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Property Description

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

Additional Information

Acres
0.04
Sewer
None

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Listing courtesy of Listing Agent: John P. Bachas (ybachas@amorellirealty.com) from Listing Office: Amorelli Realty LLC.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . 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.