25-14 Crescent Street, New York, NY, 11102
$1,758,888
activeBedrooms
4
Bathrooms
2
Lot Size
5,002 sqft
Year Built
1925
Type
Multi Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Priced for land value, Rare find this 5,002 sq. ft. lot in Astoria's R5D zone offers a compelling development opportunity in one of Queens' most active corridors. Under current zoning, the lot carries a 2.0 FAR, which translates to up to 10,004 sq. ft. of potential buildable area — enough to explore a multifamily building of up to approximately 13-14 units at a maximum height of 45 fee. A two-family structure sits on the lot today, offering the option to hold while plans are explored. The 25-foot-wide, 200-foot-deep configuration is a practical footprint for new construction, and with the City of Yes for Housing Opportunity now in effect, no parking is required for new residential development on this site — Astoria falls within the Inner Transit Zone where parking mandates were eliminated as of December 5, 2024. The N and W subway lines are accessible at Queensboro Plaza, approximately a 6-minute walk, with additional service at 30 Av station and Q18/Q102 bus connections along 30th Avenue. All zoning, FAR, and buildable figures are based on current DCP records and should be independently verified with a architect or the NYC Department of Buildings prior to reliance. Can be delivered vacant !!
Listed by Po Wei Tair, RE/MAX 1st Choice
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Jul 12, 2026, 9:01 AM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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