Prime Astoria Development Opportunity R7X Zoning
Exceptional opportunity to acquire a vacant development site in the heart of Astoria. Located at 18-44 26th Road, this 25 ft x 78 ft lot offers approximately 8,700 buildable square feet under R7X zoning.
Situated on a desirable residential block, the property is ideally positioned for a boutique condominium or rental development. The R7X designation allows for efficient residential layouts, making it highly attractive for developers seeking strong unit mix potential.
Astoria continues to experience robust demand, with new developments in the area consistently achieving resale values exceeding $1,000 per square foot. The neighborhood’s vibrant dining scene, proximity to the waterfront, and convenient access to Manhattan via nearby subway lines further enhance long term value.
This is a rare chance to secure a well located development site in one of Queens’ most dynamic and rapidly appreciating markets.
Key Highlights:
Lot Size: 25’ x 78’
Zoning: R7X
Buildable: ~8,700 SF
Strong condo sellout comps ($1,000+/SF)
Prime Astoria location near transportation, retail, and waterfront