An exceptional Development Site located in the heart of Astoria. This 2,508 sq. ft. lot (25 ft x 100 ft) features a two-family building, spanning approximately 1,600 sq. ft., with current leases on a month-to-month basis, allowing for maximum flexibility. With its C2-3/R7A zoning and a favorable floor area ratio (FAR), the site offers a unique opportunity to develop a mixed-use buildable area of up to 10,032 sq. ft. under as-of-right allowances. This property is ideally suited for commercial, residential or community facility development, providing flexibility for investors or developers seeking to capitalize on the thriving Astoria market. Benefit from outstanding visibility and connectivity, with proximity to the N & W subway lines, major bus routes, and local amenities. This strategic location enhances both the appeal and long-term value of any future development.. Don’t miss this rare chance to bring your vision to life in one of New York City’s most sought-after neighborhoods. Featured Commercial Sales.