Court Approved Bankruptcy Auction - 05/02/24

8-48 Astoria Boulevard, Astoria, NY 11102

  • For Sale $3,850,000
  • Property Type VacantLand
  • Lot Size 0.13 Acre
  • Date Updated Mar 26, 2024
12th Street & Astoria BoulevardLandair Property Advisors (“Landair”), has been appointed as the exclusive broker to manage a court approved bankruptcy auction for 8-48 Astoria Boulevard, Astoria, NY 11102 – Block 513, Lots 2, 3, 4 (“the Property”). The property comprises a (3) lot site spanning a total of 5,674 Sq. Ft., with lot dimensions measuring 114' x 72’ (Irregular). The property, zoned R6A, C2-3, permits the construction of a 17,022 Sq. Ft. residential building. Conveniently located 0.7 miles from the Astoria Boulevard subway stop, providing access to the (N) and (W) trains for a 25-minute commute to Manhattan. Additionally, the Astoria Ferry Stop is situated 0.3 miles away in Halletts Point. The property will be delivered vacant at closing. Key attributes of this property include its wide lot (114' feet), conducive to efficient floorplate design. The lots are block through, reducing complications from access agreements. The property will be delivered vacant and predominantly demolished, offering a clean slate for development. Its proximity to transportation options, such as the subway and ferry, adds to its appeal. The surrounding market is characterized by strong demand and limited supply in both rental and condo. Please contact listing agent for the Due Diligence Package and Bidding Procedures. BID DEADLINE: 04/26/24 AUCTION DATE: 05/02/24 MINIMUM BID: $3,000,000

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Attachments

Highlights

  • Court Approved Bankruptcy Auction
  • 5,674 Sq. Ft. Lot. Dimensions of 114' x 72’ (IRR). Zoned R6A, C2-3, allowing for 17,022 Sq. Ft. As-of-Right
  • Block Through Lots
  • Conveniently located 0.7 miles from Astoria Boulevard Subway & 0.3 Miles from Astoria Ferry
  • Delivered Vacant
  • Bid Deadline: 04/26/24
  • Auction Date: 05/02/24

Contacts

broker

Alexandre Goulet

Landair Property Advisors

(646) 559-4700

Location

Getting Around

  • Walk Score ®

    93/100 Walker's Paradise

  • Transit Score ®

    79/100 Excellent Transit

  • Bike Score ®

    89/100 Very Bikeable
Powered by Walk Score ®
  • City Astoria, NY
  • Neighborhood Old Astoria
  • Zip Code 11102
  • Market Queens

Points of Interest

  • 30th Avenue

    0.60 miles

  • Astoria Boulevard

    0.69 miles

  • Broadway

    0.75 miles

  • Astoria–Ditmars Boulevard

    1.00 miles

  • 36th Avenue

    1.06 miles

  • Steinway Street

    1.14 miles

  • 86th Street & 2nd Avenue at Northeast Corner

    1.16 miles

  • 86th Street & 2nd Avenue at Southeast Corner

    1.16 miles

  • 86th Street

    1.18 miles

  • 94th Street & 2nd Avenue at Northeast Corner

    1.18 miles

  • Mobil

    0.49 miles

  • BP Gas Station

    0.63 miles

  • Gulf

    0.68 miles

  • plugNYC

    0.75 miles

  • Lukoil

    0.86 miles

  • Citgo

    0.90 miles

  • BP

    0.96 miles

  • bp

    1.02 miles

  • BP

    1.03 miles

  • Shell

    1.08 miles

  • Astoria Park Parking

    0.50 miles

  • Motorgate Public Parking Garage

    0.95 miles

  • Surrey Garage

    1.11 miles

  • Knickerbocker Plaza Car Park

    1.20 miles

  • Astor Terrace Parking Garage

    1.22 miles

  • Quik Park

    1.39 miles

  • Edison ParkFast

    1.44 miles

  • MPG

    1.47 miles

  • Parking Lot E

    1.54 miles

  • iClean

    1.57 miles

  • Super 8

    0.39 miles

  • Courtyard by Marriott

    0.99 miles

  • Hotel Nirvana

    1.00 miles

  • Baymont

    1.01 miles

  • Comfort Inn

    1.07 miles

  • Lotus BLU Inn & Suites

    1.18 miles

  • Ramada Long Island City

    1.19 miles

  • Giorgio Hotel

    1.20 miles

  • House ZAZA

    1.20 miles

  • Mayflower Howard Johnson Hotel

    1.22 miles

  • Mary’s Taqueria

    0.07 miles

  • Compton’s

    0.08 miles

  • Astoria Provisions

    0.09 miles

  • Brother’s Pizza

    0.16 miles

  • El Ancela

    0.20 miles

  • Astoria Taco Factory

    0.20 miles

  • Vesta

    0.22 miles

  • Twisted Mexican Grill

    0.22 miles

  • Mia

    0.23 miles

  • Roti Boti

    0.25 miles

  • Public School 171

    0.12 miles

  • I.S. 126Q Albert Shanker School for Visual & Performing Arts

    0.41 miles

  • Long Island City High School

    0.46 miles

  • P.S. 17 - Henry David Thoreau School

    0.49 miles

  • P.S. 234

    0.53 miles

  • Les Enfantes Montessori School

    0.53 miles

  • Chapin School

    0.80 miles

  • P.S. 85 - Judge Charles Vallone School

    0.82 miles

  • Public School 76

    0.95 miles

  • Saint Joseph's School of Yorkville

    0.97 miles

  • Bright Start

    0.22 miles

  • Astoria Child Daycare

    0.27 miles

  • The Learning Experience Day Care

    0.73 miles

  • Bright Start

    0.81 miles

  • Kid Krazy

    1.13 miles

  • Arc En Ciel

    1.32 miles

  • Preschool of America

    1.43 miles

  • Sunshine Learning Center

    1.51 miles

  • Bright Horizons

    1.60 miles

  • Friends & Family Daycare

    1.60 miles

Frequently Asked Questions

What is the lease rate for Court Approved Bankruptcy Auction - 05/02/24?

Rental asking rate at Court Approved Bankruptcy Auction - 05/02/24 is $1,925,000.00/YR.

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Contact Listing Broker

broker

Alexandre Goulet

Landair Property Advisors

(646) 559-4700