26-34 3rd Street, Astoria, NY for sale

Investment Overview

Halletts Point development site offering 60,000 residential ZFA with a 35-year 485X (Option B) tax abatement, expandable to 74,000 ZFA with a community facility. Situated next to Durst’s Halletts Point and Alma Realty's Astoria Cove, the site is primed for significant growth in a rapidly developing waterfront neighborhood.

Investment Highlights

• 15,543 Square Foot Lot offering over 74,000 ZFA with UAP and Community Facility
• Unlock Additional Residential ZFA with New "City of Yes" Universal Affordability Preference Zoning Initiative
• Eligible for 35-Year 485-x (Option B) Tax Abatement
• Prime Development Opportunity with Stunning East River Views
• Adjacent to Halletts Point (2.4M SF) and Astoria Cove (1.76M SF) Transformative Waterfront Developments