Incredible investment opportunity in the vibrant heart of Astoria. This versatile 1 fam property, currently with basement, boasts immense potential with its R5B zoning (FAR 1.35), perfect for multi-housing development. Or you can easily renovate the current units as well. Situated steps away from Hoyt Ave/elevated train station, it presents a lucrative prospect for savvy investors or owner-occupiers seeking rental income. It is currently set up as a 2 bedroom/1 bath over 1 bedroom, 1 bath. Please respect the privacy of the current tenants. Being sold AS IS.