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2819 29TH ST, LONG ISLAND CITY, NY 11102

Nest Seekers International New York
Listed by Nest Seekers International New York
$4,500,000
47 days on market
Updated 47 days ago

2819 29TH ST LONG ISLAND CITY NY 11102

Details
APN 00594-0025
Property Type Land
Sub Type Residential
Square Footage 2,440
Units 3
Year Built 1950
Stories 3
Lot Size (SqFt) 5,000
Zoning R6A
Investment Type Redevelopment

Astoria is on the Rise!! Development site!

Marketing description

Astoria’s value is often defined by one address: 30th Avenue—and this offering sits squarely within that prime corridor. With R6A zoning, the property presents a compelling opportunity for a contextual, high-quality residential development in one of Queens’ strongest condo markets.

The zoning allows for a Base FAR of 3.00, translating to approximately 15,000 buildable square feet. Through the Inclusionary Housing Program, the FAR increases to 3.60, allowing up to 18,000 buildable square feet, materially enhancing project yield and overall return.

Surrounded by Astoria’s acclaimed dining scene, convenient retail, and vibrant street life, the site is just moments from the elevated N train at 30th Avenue, offering a seamless commute to Manhattan and connectivity across NYC. Proximity to Mount Sinai Queens Hospital further strengthens end-user demand, particularly among medical professionals seeking quality housing within walking distance of work.

Property, Zoning & Development Highlights

    • Zoning: R6A
    • FAR (Base): 3.00 — approx. 15,000 BSF
    • FAR (Inclusionary): 3.60 — approx. 18,000 BSF
    • Land Use: Multi-Family Walk-Up Buildings
    • Lot Area: 5,000 sq ft
    • Lot Dimensions: 25 ft × 200 ft
    • Current Building Class: C0 – Walk-Up Apartments (Three Families)
    • Existing Building: 3 floors | 2,440 GSF | 3 residential units

A rare Astoria development site where zoning efficiency, transit access, and neighborhood prestige align—positioned for strong sell-through and premium pricing along the 30th Avenue corridor.

Investment highlights

Luxury Condo Market! The zoning allows for a Base FAR of 3.00, translating to approximately 15,000 buildable square feet. Through the Inclusionary Housing Program, the FAR increases to 3.60, allowing up to 18,000 buildable square feet, materially enhancing project yield and overall return.

Listing Contacts

Nest Seekers International New York
Listed by Nest Seekers International New York

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