3245 37th Street, Astoria, NY

About 3245 37th Street

A rare opportunity to acquire a fully vacant 6-family building at closing—perfect for investors and developers looking to unlock immediate value. Situated on an oversized 50' x 100' lot with R5 zoning, the property offers approx. 6,250 buildable square feet, with potential for additional FAR under the City of Yes initiative. Delivered completely vacant, it offers the unique ability to gut renovate and pursue a condo conversion (subject to approvals). Current layout: Four 2-bedroom units on the first and second floors Two 1-bedroom units on the top floor Each unit is separately metered for gas and electric There’s also the potential to retain the existing structure or extend in the rear to maximize square footage (consult your architect). Ideally located between the N/W and M/R subway lines, just off Broadway in the heart of Astoria. Centrally located between the N/W and M/R subway lines, just off Broadway near top dining, retail, and transportation. A rare blank slate in a prime Astoria location, vacant and ready for your vision.

Listing Map