$1,768,888
4 Bed • 3 Bath4 bd · 3 ba
221-51 59th Avenue
Bayside, NY 11364
Listed with Elena Ermogenous
$2,500,000
Est. $13,834/moAstoria, NY 11102 · Queens
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PRIME ASTORIA DEVELOPMENT OPPORTUNITY – R7B / C2-3 ZONING Excellent opportunity for builders, developers and investors in a highly desirable Astoria location surrounded by new luxury residential development. Existing 3-story mixed-use property consists of 6 residential units plus 1 commercial storefront. Five residential units and the commercial space are currently vacant, with the remaining apartment to be delivered vacant, allowing the property to be delivered completely vacant. 2,762 SF lot with approximately 8,286 buildable residential SF at 3.0 FAR, with potential for approximately 10,772 SF at 3.9 FAR utilizing qualifying affordable housing provisions. Ideal for ground-up redevelopment or for an investor seeking to renovate and reposition the existing property. Zoning: R7B / C2-3. Convenient Astoria location approximately 7 minutes from the Astoria Blvd N/W subway station. All zoning, FAR, buildable square footage and development potential must be independently verified by purchaser and architect.
Listed with Realty Quest New York Inc · Baris Unver · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Oct 23, 2026, 8:07 AM ET. ©2026 One Key MLS.
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Market insights
Current listings
New in the last 30 days
46
Oct 2026
Average price
Active listings
$1,554,009
Oct 2026
Average days on market
Active listings
165 days
Oct 2026
Computed from 269 active OneKey MLS listings in Astoria, NY.
$1,768,888
4 Bed • 3 Bath4 bd · 3 ba
221-51 59th Avenue
Bayside, NY 11364
Listed with Elena Ermogenous
$1,788,000
3 Bed • 3 Bath • 1,700 Sq. Ft.3 bd · 3 ba · 1,700 sqft
21215 33rd Avenue
Bayside, NY 11361
Listed with Signature Premier Properties
$1,849,000
6 Bed • 6 Bath • 2,486 Sq. Ft.6 bd · 6 ba · 2,486 sqft
39-43 57th Street
Woodside, NY 11377
Listed with Wagner & Kelly Inc