28-19 29th Street, New York City, NY 11102
Listing Courtesy of Nest Seekers LLC
$4,500,000
Potential Rebate: $67,500
Overview
Astoria’s value is often defined by one address: 30th Avenue —and this offering sits squarely within that prime corridor. With R6A zoning , the property presents a compelling opportunity for a contextual, high-quality residential development in one of Queens’ strongest condo markets. The zoning allows for a Base FAR of 3.00 , translating to approximately 15,000 buildable square feet . Through the Inclusionary Housing Program , the FAR increases to 3.60 , allowing up to 18,000 buildable square feet , materially enhancing project yield and overall return. Surrounded by Astoria’s acclaimed dining scene, convenient retail, and vibrant street life, the site is just moments from the elevated N train at 30th Avenue , offering a seamless commute to Manhattan and connectivity across NYC. Proximity to Mount Sinai Queens Hospital further strengthens end-user demand, particularly among medical professionals seeking quality housing within walking distance of work. Property, Zoning & Development Highlights A rare Astoria development site where zoning efficiency, transit access, and neighborhood prestige align—positioned for strong sell-through and premium pricing along the 30th Avenue corridor.
Home Features
- •See Remarks
Estimated Monthly Payment
$23,393 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$67,500
Monthly savings impact
$188/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Nest Seekers LLC
Data Source: TRESTLE #RLS20063911
Price Analysis
Compare average listing prices and value metrics for 28-19 29th Street against the surrounding Astoria market.
Average List Price
Price Per SqFt
83.19% Higher
than the Astoria price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Astoria.
Astoria
Overview of Astoria
Astoria is the cool cousin of Queens. Famous for its Greek heritage, it has evolved into a diverse, vibrant community known for its food, comedy, and film history. For buyers seeking Astoria Queens real estate, it offers a perfect blend of urban energy and neighborhood warmth.
Living in Astoria is delicious. The smell of souvlaki and grilled octopus fills the air. As a Queens NYC neighborhood, it is a culinary capital.
Real Estate & Housing Market
The market for homes for sale in Astoria includes pre-war co-ops, semi-detached brick houses, and new boutique condos.
It is more affordable than LIC but prices have risen steadily.
Lifestyle & Community
The lifestyle in Astoria is social. Beer gardens like the Bohemian Hall are legendary.
The community is incredibly diverse, with a strong Greek backbone mixed with young professionals and artists.
Transportation & Accessibility
Astoria is served by the N and W trains. Commuting to Midtown takes about 15-20 minutes.
The NYC Ferry also stops here.
Parks, Schools & Amenities
Astoria Park is the crown jewel, with its massive pool and views of the Hell Gate Bridge.
Amenities: The Museum of the Moving Image and Kaufman Astoria Studios give it a Hollywood connection.
Who This Neighborhood Is Best For
Astoria is best for foodies, young professionals, and anyone who wants a real neighborhood feel near Manhattan.
