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28-19 29th St, Astoria, NYC

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$4,500,000
Active 328 days on market
MLS# RLS20063911

28-19 29th St

📍 Astoria, Astoria, NY 11102

—
Studio
2,440
Sqft
$1,844
Per sqft
1950
Year built
Land
Type

About this property

Astoria’s value is often defined by one address: 30th Avenue —and this offering sits squarely within that prime corridor. With R6A zoning , the property presents a compelling opportunity for a contextual, high-quality residential development in one of Queens’ strongest condo markets. The zoning allows for a Base FAR of 3.00 , translating to approximately 15,000 buildable square feet . Through the Inclusionary Housing Program , the FAR increases to 3.60 , allowing up to 18,000 buildable square feet , materially enhancing project yield and overall return. Surrounded by Astoria’s acclaimed dining scene, convenient retail, and vibrant street life, the site is just moment
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Amenities & features

R6A ZONINGBASE FAR OF 3.00INCLUSIONARY HOUSING PROGRAMTRANSIT ACCESSASTORIA DEVELOPMENT SITE

Key facts

R6a zoning
Base far of 3.00
Transit access

Property details

Property typeLand
Listing statusActive
Lot size5,000 sqft
Year built1950
Days on market328 days
MLS #RLS20063911

Estimated monthly payment

Listing price$4,500,000
Down payment (20%)$900,000
Loan amount$3,600,000
Principal & interest (7%, 30yr)$23,950/mo
Property tax (est.)$4,376/mo
Home insurance (est.)$1,875/mo
Estimated total$30,201/mo

Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.

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