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30-02 Newtown AveAstoria, NY 11102
112k BSF MIH Development Site
Asset ClassLand
Site Area15.56 K Sq. Ft
Mandatory Inclusionary Housing Mixed-Use Development Assemblage with ~112,000 BSF
overview of deal

Overview

RIPCO Real Estate has been exclusively retained for the sale of 30-02 Newtown Avenue, a three-parcel assemblage on the southwest corner of Newtown Avenue and 31st Street in Astoria, Queens.

 

The combined lots total ~15,556 SF, with over 370 linear feet of frontage across three streets, and are zoned C4-4D (R8A), allowing approximately 112,000 buildable square feet under Mandatory Inclusionary Housing—positioning this site as a strong mixed-use development opportunity.

 

The location benefits from walking-distance access to the N/W subway (about 27 minutes to Midtown), proximity to the BQE and LaGuardia Airport, and a dense, high-income trade area.

 

Reach out to the exclusive brokers for additional information or to arrange for a property inspection.

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Investment Highlights

~112,000 BSF Mixed-Use Development Opportunity

The subject property is a three-parcel assemblage zoned R8A.

 

Block Front Site With Over 370 Linear Feet of Frontage

Over 370 Ft of wrap-around frontage along 30th Street, Newtown Avenue, & 31st Street, offering exceptional visibility.

 

Excellent Transit Access

Walking distance to & subway lines at Astoria Blvd & 30th Avenue — a direct ride to Midtown Manhattan.

 

Thriving Astoria Market

Surrounded by dense residential development, flourishing retail, and strong local demand drivers, positioning the site for long-term value appreciation.

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30-02 Newtown AveAstoria, NY 11102

Contact Exclusive Agents

Adam HakimExecutive Managing Director646.290.2011ahakim@ripcony.com
James MuradManaging Director646.290.2012jmurad@ripcony.com

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