31-18 37th Street, Astoria, NY, USA

Astoria, Queens

~40,000 BSF RESIDENTIAL GROUND LEASE OPPORTUNITY IN ASTORIA, QUEENS

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Total Square Feet

~40,000 BSF

Asking Price

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Property Type

Religious Facility

Block / Lot

649 / 42

Ground Lease Opportunity in Established Astoria Neighborhood
Trinity Lutheran Church is offering a long-term ground lease of a to-be-subdivided portion of its 28,091 SF corner lot.
~40,000 ZFA of Residential Buildable SF
The proposed development portion of the site is located entirely within the R6B zone, with approximately 40,000 SF of residential buildable area. There is no affordable housing requirement(s).
School Building Vacating Summer 2026
The existing two-story school building will be vacated later this summer, providing a clear path to demolition and development without displacement risk or holdover tenancy.
Multiple Development Configurations Available
A zoning and massing study outlines three illustrated building configurations, ranging from school-only demolition to full parsonage integration. If the parsonage area is included, the developer will be required to provide a replacement space for the church’s residential use. The church retains its corner sanctuary in all scenarios.
Steps from the N/W Trains and the Heart of Astoria
Located on 37th Street between 31st Avenue and Broadway, the site is within walking distance of the 36th Avenue and Broadway stations, with immediate access to Astoria’s dining, retail, and transit infrastructure.