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Welcome to 32-25 30th Street — a rare oversized property in the heart of Astoria offering exceptional scale, character, and development potential. Situated on a generous 60x90 lot, this expansive residence is currently configured as an SRO, featuring 10 rooms and 2 bathrooms on the second floor, along with 3 rooms, a formal dining room, living room, and kitchen on the first floor. The layout offers incredible flexibility for investors, end-users, or those seeking a multi-generational setup. Throughout the home, you’ll find beautifully maintained wood finishes that bring warmth and a timeless, estate-like feel. While the interiors carry a classic charm, they present a prime opportunity for modernization and customization to maximize value. The first floor includes a full bathroom with both a shower and tub, adding convenience and functionality. Additional highlights include a large attic, full basement, and multiple outdoor spaces, including two patios perfect for relaxation or entertaining. This property truly stands out with three attached garages, offering rare and valuable parking capacity in Astoria. Enjoy stunning views of the NYC skyline, all while being centrally located just moments from public transportation, including subway and bus lines, as well as shops, restaurants, parks, and major highways. Investors take note: Located in an R5 zoning district (FAR 1. 25, max lot coverage 55%), this lot presents significant upside potential for redevelopment into a larger residential building, including attached homes or small apartment structures. A unique opportunity to own a massive property with character, parking, and future upside in one of Queens’ most desirable neighborhoods.
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Our Executive Mortgage Banker:
$3,900,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,120,000 | $3,120,000 | $3,120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $1,187 | $1,187 | $1,187 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,471 | $18,957 | $26,118 |
| Total Monthly Payment | $18,783 | $20,269 | $27,430 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.