st Street DEVELOPMENT OPPORTUNITY ASTORIA, QUEENS 11- UNIT MIXED- USE PROPERTY

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Imogene Heath
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1 ASTORIA, QUEENS 11- UNIT MIXED- USE PROPERTY DEVELOPMENT OPPORTUNITY

PROPERTY INFO 11-Unit Mixed-Use Building Astoria Queens Building Features Address: Location: Block/Lot: Lot Dimensions: 23-71 31 st Street, Astoria, NY 11105 On the east side of 31 st Street between

(18/19): Offering Summary Price: Units: Price per Square Foot: 75 11 (10 Residential, 1 Commercial) C4-3 RESI 3.0 COMM 3.4 FACILITY 4.8 2,250 sq. ft. (approx.) 7,650 sq. ft. (approx.) 1,508 sq. ft. (approx.) 6,142 sq.

) $20,780 $4,236 $2,250,000 11 $294 Future Rendering Development Highlights Voyeur Real Estate is excited to be the exclusive broker for the sale of the development site at 23-71 31 st Street,

2 PROPERTY INFO 11-Unit Mixed-Use Building Astoria Queens Building Features Address: Location: Block/Lot: Lot Dimensions: st Street, Astoria, NY On the east side of 31 st Street between 23 rd Road & 24 th Avenue 835 / 11 25' x 90' Building Dimensions Height (max): Units: Zoning FAR: Lot Size: Total Buildable SF: Existing Structure: Available Air Rights: Assessment (18/19): Taxes (18/19): Offering Summary Price: Units: Price per Square Foot: (10 Residential, 1 Commercial) C4-3 RESI 3.0 COMM 3.4 FACILITY 4.8 2,250 sq. ft. (approx.) 7,650 sq. ft. (approx.) 1,508 sq. ft. (approx.) 6,142 sq. ft. (approx.) $20,780 $4,236 $2,250, $294 Future Rendering Development Highlights Voyeur Real Estate is excited to be the exclusive broker for the sale of the development site at st Street, located on the east side of 31 st Street between 23 rd Road and 24 th Avenue, in Queens Astoria neighborhood. Positioned in the heart of beautiful Astoria, Curbed NY s 2017 winner for Neighborhood of the Year! The property is a 1,508 square foot, two-story semi-detached house, significantly underbuilt, containing 2 residential units. Situated on a 25' x 90' lot, with C4-3 zoning, this site can be developed as-of-right into a 7,650 square foot 11-unit mixed-use building with 10 residential apartments and one commercial space. **Sale will include: DOB APPROVED PLANS!! MTA APPROVAL DEMO APPROVAL BORINGS ARCHITECTURAL SURVEYS CLEAN ENVIRONMENTAL Current Condition FULLY ENTITLED VACANT Settled along the main transportation and retail corridor in Astoria, the site is just 0.2 miles from the Grand Central Parkway/BQE/Triborough Bridge, and is centered 0.2 miles from both the N- W subway station at Astoria Blvd. and Ditmars Blvd. Strong demand for sales and rentals in Astoria offers developers the opportunity to acquire an asset with considerable upside as either a condominium or multi-family investment property Voyeur Real Estate LLC is a licensed real estate broker and abides by the Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdraw without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. Exact dimensions can be obtained by retaining the services of an architect or engineer. As applicable, we make no representation as to the condition of the property (or properties) in question. This is not intended to solicit property already listed.

Harris President (646) 546-8533 jh@voyeurrealestate.com Voyeur Real Estate 26-12 4th Street Astoria, NY 11102 P: (718) 705-7897 voyeurrealestate.

3 PROPERTY INFO 11 UNITS 7,650 BSF (PLUS 2,169 SF BASEMENT) 2,250 SF LOT C4-3 ZONING 3.4 FAR 7 STORIES 0 PARKING SPACES LGA 31 st STREET RFK / TRIBOROUGH BRIDGE ASTORIA CITYWIDE FERRY 2 24 th AVENUE 32 nd STREET For More Information, Please Contact: Jeffrey P. Harris President (646) jh@voyeurrealestate.com Voyeur Real Estate th Street Astoria, NY P: (718) voyeurrealestate.com 23 rd ROAD Neighborhood Astoria is the northwestern most neighborhood in Queens One of the most ethnically diverse locales on Earth Two blocks from Grand Central Parkway, BQE & Triborough Bridge 15-minute subway ride into Manhattan 2 blocks to N-W trains at both Astoria Blvd and Ditmars Blvd Close proximity to LaGuardia Airport 15-minute subway ride into Midtown Manhattan Located within highly residential Astoria neighborhood Close to Astoria Park, Bohemian Hall & Beer Garden, & Taverna Kyclades Multiple Citi Bike locations within two block radius Located 0.7 miles from $150mm Mount Sinai Hospital Queens expansion project Development Highlights **Includes DOB approved plans, survey, and fully entitled Potential 6-story, 11 units plus basement development Loft-like 10 6 ceilings Prime development site along major retail/transportation corridor in blossoming area Tax class 1 Building will be delivered vacant Minimal demolition necessary based on existing structure Opportunity to create private outdoor spaces with views for multiple apartments Opportunity to develop mixed-use building (residential/retail/office/community facility) 2018 Voyeur Real Estate LLC is a licensed real estate broker and abides by the Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdraw without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. Exact dimensions can be obtained by retaining the services of an architect or engineer. As applicable, we make no representation as to the condition of the property (or properties) in question. This is not intended to solicit property already listed.

4 LOCATION 3

5 VIEWS EAST WEST SOUTH NORTH 4

NEW DEVELOPMENTS New Development Boom Astoria is in the midst of one of the

and its proximity to Manhattan, Brooklyn, the Bronx, Long Island, New Jersey,

throughout Astoria: 5 23-67 31 st Street The Nordic - 9 Units 6 Stories c.

2017 23-09 Astoria Blvd - 9 Units 5 Stories c.

2017 23-23 Astoria Blvd - 14 Units 8 Stories c.

2017 26-05 28 th Street - 28 Units 6 Stories c.

2015 28-22 Astoria Blvd 25 Units 7 Stories c.

2014 30-92 29 th Street The Academy - 55 Units 7 Stories c.

6 NEW DEVELOPMENTS New Development Boom Astoria is in the midst of one of the biggest development booms in New York City thanks to its waterfront location and its proximity to Manhattan, Brooklyn, the Bronx, Long Island, New Jersey, and Connecticut New developments, both rentals and condos, are springing up throughout Astoria: st Street The Nordic - 9 Units 6 Stories c Astoria Blvd - 9 Units 6 Stories c Astoria Blvd - 9 Units 5 Stories c Astoria Blvd - 37 Units 7 Stories c Astoria Blvd - 14 Units 8 Stories c Astoria Blvd - 12 Units 7 Stories c th Street - 28 Units 6 Stories c Astoria Blvd The Slate - 28 Units 5 Stories c Astoria Blvd 25 Units 7 Stories c st Street - 28 Units 7 Stories c th Street The Academy - 55 Units 7 Stories c st Avenue - 10 Units 6 Stories c st Street Astoria Central Units 7 Stories c st Street The Grove- 62 Units 7 Stories c st Road 16 Units 5 Stories c th Street BLVD 11 Units 5 Stories c Welling Court Graffiti House 28 Units 7 Stories c th Avenue 32 Units 7 Stories c. 2018

NEIGHBORHOOD INFO Astoria Park - Renovations Located along the East River waterfront, and framed by the

Featuring a running track, tennis courts, basketball courts, bocce, skate park, walking paths, lawn, and the

the park into the 21 st century NYC Ferry - Astoria Route Premiering in August 2017, the new Astoria route of

Street and Wall Street This ferry expansion provides an additional transportation option to connect the

7 NEIGHBORHOOD INFO Astoria Park - Renovations Located along the East River waterfront, and framed by the Triborough and Hell Gate Bridges, Astoria Park is one of the premier parks in New York City. Featuring a running track, tennis courts, basketball courts, bocce, skate park, walking paths, lawn, and the largest pool in New York City Astoria Park was recently granted $30 million for capital improvements to bring the park into the 21 st century NYC Ferry - Astoria Route Premiering in August 2017, the new Astoria route of the East River NYC Ferry connects the neighborhood with hubs on Roosevelt Island, Long Island City, East 34 th Street and Wall Street This ferry expansion provides an additional transportation option to connect the Astoria waterfront to Manhattan and Brooklyn, as well as significantly faster commutes to both Midtown and the Financial District 6 ASTORIA ROUTE

NEIGHBORHOOD INFO Brooklyn-Queens Connector (BQX) Proposed waterfront

Stretching 17-miles and passing through 10 neighborhoods Could break

most robust arts scenes in all of New York City Home to Kaufman

country, as well as the Noguchi Museum, Socrates Sculpture Park, and

8 NEIGHBORHOOD INFO Brooklyn-Queens Connector (BQX) Proposed waterfront streetcar connecting Sunset Park, Brooklyn with Astoria, Queens Stretching 17-miles and passing through 10 neighborhoods Could break ground as early as 2019 Astoria Arts Scene Astoria features one of the most robust arts scenes in all of New York City Home to Kaufman Astoria Studios, one of the premier film production facilities in the country, as well as the Noguchi Museum, Socrates Sculpture Park, and the Welling Court Mural Project, one of the largest outdoor art installations in New York 7

NEIGHBORHOOD INFO Subway With the opening of the new 2 nd Avenue subway in Manhattan, the MTA has re-issued the W Line to supplement the N Line in Astoria In addition, infrastructure

digital screens, and countdown clocks LaGuardia Airport Redevelopment Comprehensive redesign of LaGuardia Airport involves transforming LaGuardia into a unified airport with new terminals,

9 NEIGHBORHOOD INFO Subway With the opening of the new 2 nd Avenue subway in Manhattan, the MTA has re-issued the W Line to supplement the N Line in Astoria In addition, infrastructure upgrades are taking place to the N-W Line, which include structural repairs, revamped station entrances, improved mezzanines and train platforms, and modernizations such as USB ports, digital screens, and countdown clocks LaGuardia Airport Redevelopment Comprehensive redesign of LaGuardia Airport involves transforming LaGuardia into a unified airport with new terminals, better transportation access with a future air train, more taxiways and best-in-class passenger amenities The $8 billion project broke ground in June 2016, and is estimated to be completed by

NEIGHBORHOOD INFO Mount Sinai Queens Centered in the heart of Astoria, the new Mount Sinai Queens Hospital is a $175 million project featuring a cutting-edge

department, outpatient imaging center, and operating rooms, with continued infrastructure upgrades forthcoming Astoria Food Capital of the World Astoria prides

supplemented by local staples such as the Bohemian Hall and Beer Garden, Taverna Kyclades, Milkflower, Trattoria L incontro, The Bonnie, Astoria Coffee,

10 NEIGHBORHOOD INFO Mount Sinai Queens Centered in the heart of Astoria, the new Mount Sinai Queens Hospital is a $175 million project featuring a cutting-edge 140,000 square foot facility, dedicated to the health and wellness of the local community The expansion plan includes a new state-of-the-art emergency department, outpatient imaging center, and operating rooms, with continued infrastructure upgrades forthcoming Astoria Food Capital of the World Astoria prides itself on its food and restaurant scene, with almost every single cuisine on earth found within its borders Renowned for its Greek and Mediterranean fare, and supplemented by local staples such as the Bohemian Hall and Beer Garden, Taverna Kyclades, Milkflower, Trattoria L incontro, The Bonnie, Astoria Coffee, Portalia, Il Bambino, Astoria Bier & Cheese, Brooklyn Bagel, New York City Bagel & Coffee House, Astoria Provisions, Ovelia, Bareburger, Watawa, Martha s Country Bakery, Artopolis, etc 9

11 Voyeur Real Estate is a full-service brokerage focusing on residential and commercial sales and leasing in New York City. Located in Astoria, Queens, Voyeur leverages experience, emerging technologies and data analysis to provide buyers, sellers, investors and developers a comprehensive platform to maximize their market position. Fostering a culture of collaboration with the greater real estate industry, Voyeur offers sales, design, and multi-channel marketing strategies to ensure the finest service and results for our clients. For more information, please contact: Jeffrey P. Harris President (646) jh@voyeurrealestate.com Voyeur Real Estate th Street Astoria, NY (718) voyeurrealestate.com

th Street DEVELOPMENT OPPORTUNITY. Single-Family Smart Home ASTORIA, QUEENS

th Street DEVELOPMENT OPPORTUNITY. Single-Family Smart Home ASTORIA, QUEENS ASTORIA, QUEENS Single-Family Smart Home DEVELOPMENT OPPORTUNITY F u t u r e R e n d e r i n g PROPERTY INFO Single-Family Townhouse Development Astoria Queens Offering Summary Price: Units: $1,500,000