5304 Seabury Street
Elmhurst, NY 11373

Property

Ownership: For Sale
Type: Residential
Rooms: 16
Bedrooms: 9 BR
Bathrooms: 6
Pets: Pets No
Area: 3256 sq ft

Financials

Price: $1,998,000
Annual Taxes: $5,242

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47-44 Vernon Blvd, Long Island City, NY 11101
Courtesy of Keller Williams NYC

Description

This unique property, formerly a convent, beckons with remarkable investment potential. Featuring a spacious, 9-bedroom layout across 3,066 square feet, it offers versatility and privacy with 5 full and 2 half baths. Sitting on a generous corner lot, the residence boasts a sunlit basement with separate entrance, along with private parking, and a charming, multipurpose backyard. Steeped in history, the property includes a first-floor chapel, whispering of its past. This, combined with its Single Room Occupancy (SRO) potential, opens doors for diverse uses: a city retreat, group home, or even development ventures. Zoned R5 and classified as A1-Residential, the property unlocks significant development potential. Favorable Floor Area Ratios (FAR) 1.25 for Residential and 2 for Facility and an existing FAR of .94, allowing for an additional 4,069 square feet of usable space, underscore its investment brilliance.

Amenities

  • Courtyard
  • Dishwasher
  • Dressing Room
  • Eat-in Kitchen
  • Entrance Foyer
  • Formal Dining
  • High ceiling
  • Home Office
  • Master Bath
  • Near Public Transit
  • Park
  • Soaking Tub
  • Stainless Steel Appliance(s)
  • Walk-In Closet(s)

Neighborhood

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This unique property, formerly a convent, beckons with remarkable investment potential.


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