Property Description

PRIME ASTORIA DEVELOPER OPPORTUNITY: Detached Lot with R4 Zoning on Ditmars BoulevardAttention Developers, Builders, and Investors! This property presents a rare ground-up development or major conversion opportunity in the heart of one of Queens' most highly sought-after neighborhoods. Located at 47-21 Ditmars Boulevard, this detached property sits on a 2,216 square foot lot and offers incredible potential for a lucrative multi-family project. The Current PropertyStructure: 2-story detached, wood-frame single-family house.Style: Classic Cape Cod footprint.Parking: Includes a rare detached garage and multi-car parking layout.Status: Delivered vacant, maximizing speed-to-market for your build team.Development & Zoning HighlightsZoning District: R4 Zoning, allowing for a variety of housing types including detached, semi-detached, or attached multi-family buildings.Two-Family Potential: Perfectly situated to be redeveloped into a high-end 2-family residence or an expanded boutique footprint.Build Up: Take advantage of R4 mechanics to maximize your Floor Area Ratio (FAR) and height limits to design a lucrative multi-level income property. Unbeatable Location The property is positioned in the booming Ditmars-Steinway section of Astoria. Future occupants or buyers will enjoy immediate access to:Top-tier dining, cafes, and nightlife along vibrant Ditmars Boulevard.Excellent public transit options connecting directly to Manhattan.Close proximity to major highways, LaGuardia Airport, and Astoria Park.Bring your architect and your vision to capitalize on Astoria's consistently strong rental and resale margins!Property sold as-is. All buyers must independently verify usable square footage, FAR allowances, and air rights with a licensed architect or the NYC Department of Buildings.

Property Features

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