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2337 31st Avenue, 
Long Island City, NY 11106

$1,750,000


Bed


Bath


2,108

Sq Ft


Multi-Family

Active

Listed by

Pavlos Milonakis

Halvatzis Realty Inc

Last updated:

March 1, 2026, 08:44 PM

MLS#

965832

Source:

OneKey MLS

About This Home

2337 31st Avenue

R6A Development Site with Condo Upside Prime Astoria R6A Development Opportunity – 25’ Wide Lot Exceptional opportunity to acquire a 25’ x 91 (approx. 2,293 sq ft) parcel in the heart of Astoria, zoned R6A and offering approximately 6,800–6,900 buildable square feet (as-of-right residential FAR 3.0). This property is being marketed primarily for land value and redevelopment potential. The R6A zoning supports a mid-rise residential building under Quality Housing regulations, making it an ideal canvas for a builder seeking to capitalize on Astoria’s continued residential demand. With approximately 6,800+ buildable square feet, the site presents multiple strategic paths: • Develop a boutique multi-family rental asset • Construct a high-end condominium project • Build a limited, luxury boutique condo product with strong sellout potential • Long-term hold with future appreciation upside Astoria continues to demonstrate strong buyer demand for new residential inventory, particularly boutique condominium buildings near transit and vibrant retail corridors. The lot’s 25-foot frontage allows for efficient floor plates and practical unit layouts — a key advantage for condo developers focused on maximizing sellable square footage. Highlights: • 25’ wide lot frontage • Approx. 2,293 sq ft lot area • Zoned R6A • Approx. 6,800–6,900 buildable SF (as-of-right) • ~70 ft allowable height (subject to Quality Housing regulations) • Ideal for rental or condominium development • Existing structure conveyed as-is This is a strategic acquisition opportunity for a builder or investor seeking both immediate land control and long-term condo upside in one of Queens’ most resilient residential markets.

Home Facts

Multi-Family

Built in 1901

Price Summary

1,750,000

$830 per Sq. Ft.

MLS #:

965832

Last Updated:

March 1, 2026, 08:44 PM

Added:

a day ago


Structure

Structure

Building Area:

2,108 Sq. Ft.

Year Built:

1901


Lot

Lot Size (Sq. Ft):

2,290


Finances & Disclosures

Finances

Price:

$1,750,000

Price per Sq. Ft:

$830 per Sq. Ft.

Source:OneKey MLS
Copyright 2026 OneKey MLS. All rights reserved. Listings courtesy of OneKey MLS as distributed by MLS GRID . OneKey MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. OneKey MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of OneKey MLS.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.