25-14 Crescent Street presents a compelling opportunity in the heart of Astoria-whether you're an investor seeking strong fundamentals or an end user looking to secure long-term upside. Set on an expansive 5,002 sq. ft. lot and zoned R5D with a 2.0 FAR, this property offers up to 10,004 buildable sq. ft., making it a rare find with significant development or expansion potential in a prime Queens location. The existing structure is a legal two-family configured as a 3-bedroom over 1-bedroom, providing immediate income potential while you plan for future value-add strategies. Whether you choose to hold, renovate, expand, or redevelop, the flexibility here is key.Positioned just moments from the Astoria Blvd subway, major transportation, and a vibrant mix of dining and retail, the location supports both strong rental demand and long-term appreciation. Ideal for investors, developers, or end users with vision, this is an opportunity to acquire a sizable lot with favorable zoning in one of Astoria's most sought-after corridors.
Estimated Payment
$ 10,134.17 per month $9,091.67 Principal & Interest $518.08 Property Tax $524.42 Homeowner's InsuranceListing By
Agency Name: Compass Greater NY LLC
Agency Contact: 646-404-1578
Shown By
Agent Name: Susan Schefler
Agent Phone: (516) 244-6712
Agency Title: Coldwell Banker American Homes
25-14 Crescent Street | MLS# 979927
This multi-family property located at 25-14 Crescent Street , Astoria, NY 11102 is currently listed for sale with an asking price of $1,798,000. 25-14 Crescent Street is located within the Queens 30 school district. Search Astoria real estate on www.susanschefler.com today.