Description
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.
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4BEDS
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0.11ACRES
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2BATHS
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01/2 BATHS
School Information
Description
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.
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