Rare 2-Family Home on Oversized 50′ x 85′ Lot — Grandfathered Residential Use in Astoria

A unique Astoria opportunity combining residential income potential, exceptional parking, and rare M1-zoned flexibility.

Situated on an expansive 50′ x 85′ lot in a highly sought-after industrial/residential pocket of Astoria, Queens, this rare two-family property offers an unusual combination of residential comfort, substantial outdoor space, and potential commercial versatility.

The property is located in an M1-zoned district and benefits from grandfathered residential use, allowing the existing residential occupancy to continue while presenting potential opportunities for future commercial or mixed-use applications, subject to applicable zoning regulations and professional review.

The home is configured as a three-bedroom apartment over a two-bedroom apartment, with both residences having been thoughtfully updated approximately seven years ago. Both units remain in excellent condition, offering bright interiors, functional layouts, and comfortable living spaces—ideal for an owner-occupant, multigenerational household, or investor seeking rental income.

Exceptional Lot & Parking

One of the property’s most compelling features is its massive private driveway with capacity for up to eight vehicles. This level of parking and open space is exceptionally difficult to find in Queens and makes the property particularly attractive to contractors, business owners, tradespeople, or anyone requiring substantial vehicle, equipment, or material storage.

The property was previously utilized by a contractor, demonstrating the practical versatility of the site.

The finished lower level provides additional flexibility with a dedicated office space, ideal for a home-based business, workspace, storage, or other permitted use.

Property Highlights

• Legal/grandfathered two-family residential use
• Approximately 50′ x 85′ lot
• M1 zoning
• Three-bedroom unit over two-bedroom unit
• Both apartments updated approximately seven years ago
• Excellent overall condition
• Bright, functional layouts
• Finished lower level
• Dedicated office space
• Huge private driveway
• Parking for up to approximately 8 vehicles
• Exceptional contractor/business-owner potential
• Rental income opportunity
• Potential future commercial or mixed-use possibilities, subject to zoning review

Ideally situated in Astoria, the property offers convenient access to major roadways, public transportation, neighborhood restaurants, shops, and the many amenities that have made Astoria one of Queens’ most desirable and dynamic communities.

A rare opportunity to own an oversized Astoria property with grandfathered residential use, substantial parking, income potential, and M1-zoned flexibility. Buyers should consult their architect, zoning attorney, and other appropriate professionals regarding permitted uses, development potential, and applicable regulations.