Marcus & Millichap - Tri Borough Multi-Family

2334 42nd Street


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Price: $1,050,000
Building Size: 7,500 Square Feet
Property Type: Development Site
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5234
Zachary Golub
Tel: 212-430-5134
Property Status: Under Contract

Marcus & Millichap is pleased to offer 2334 42nd Street, located on the corner of Astoria Boulevard North in the Ditmars section of Astoria, Queens. The property includes an approximate 1,200 square foot one story commercial building built 40 ft x 64 ft and sits on an irregular lot with 114.57 feet of frontage on 42nd Street. The lot is approximately 4,550 square feet and is zoned R5 Infill. R5 Infill allows for a 1.65 FAR “As of Right” and approximately 7,500 buildable square feet. (Block: 792, Lot: 34).

This property offers investors the rare opportunity to purchase a commercial property with one tenant that is also a potential development site.