53-04 Seabury Street
Queens, NY 11373

Cross street:53rd Avenue

Building

Type:House
Era:Pre-war
Floors:3

Property

Ownership: Single Family
Rooms: 15
Bedrooms: Studio
Pets: Pets Unknown

Financials

Price: $1,998,000
47-44 Vernon Blvd, Long Island City, NY 11101
Courtesy of Keller Williams NYC

Description

Price Drop. Introducing 53-04 Seabury, Elmhurst, NY 11373: A Premier Investment Opportunity in Elmhurst

Discover this unique and captivating property, formerly a convent, offering a remarkable investment opportunity. Boasting a spacious and versatile layout, the property features 9 bedrooms along with a variety of bathrooms, including 4 full and 3 half baths, spread over an impressive 3066 square feet of living space. Situated on a substantial corner plot of 44'x74' (3256 square feet), this residence distinguishes itself in its community.

The property also includes a well-designed basement, brightened by large windows and equipped with a separate entrance, enhancing the charm and functionality of the estate. A long driveway leading to off-street parking flows into a charming backyard, adaptable for multiple purposes.

Rich in historical value, the property incorporates a full chapel on the first floor, a testament to its past as a church-owned building. This feature, coupled with its strong Single Room Occupancy (SRO) potential, renders the property ideal for varied uses such as a city retreat, group home, or for development ventures.

Zoned R5 and classified as A1 - Residential, the property boasts significant development potential. The favorable Floor Area Ratio (FAR) values, 1.25 for Residential and 2 for Facility, along with an existing FAR of .94, and an allowable usable floor area of 4069 square feet, highlight its investment allure.

Viewings are available by appointment, requiring a 24-48 hour notice to ensure the privacy of the current tenants. We respectfully request that the tenants are not disturbed during this time. This extraordinary Elmhurst property is a unique and lucrative opportunity for astute investors.





Amenities

Driveway;

  • Walk-up

Neighborhood

More listings:

Price Drop. Introducing 53 04 Seabury, Elmhurst, NY 11373 A Premier Investment Opportunity in ElmhurstDiscover this unique and captivating property, formerly a convent, offering a remarkable investment opportunity.


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. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.