We are pleased to present a unique investment opportunity in a highly sought after R6A zoning district.


Property

Website:https://www.nestseekers.com/4757648
Address:
89-02 171st Street
Queens, NY 11432
Cross street:89th Avenue
Type:House
Era:Post-war
Floors:2
Ownership: Single Family
Bedrooms: Studio

Financials

Price:$15,000,000
Real estate tax:$5,720

Description

We are pleased to present a unique investment opportunity in a highly sought-after R6A zoning district. This corner lot property offers developers an exceptional chance to capitalize on the potential of a vibrant neighborhood. Property Highlights:Location: Strategically situated on a corner lot, this property provides enhanced visibility and accessibility, making it an ideal location for a new residential development.Zoning: The R6A zoning designation allows for a variety of residential building types, including apartments and mixed-use developments.Development Potential: The site's zoning and location present a fantastic opportunity for developers to create a landmark residential project that can cater to a growing demand for housing in the area.Community: The property is located in a dynamic neighborhood known for its blend of residential, commercial, and cultural amenities. Future residents will benefit from proximity to public transportation like subway (both 169 and 179 street F line), busses, close to highway (Grand Central), schools, shopping, and dining options.

Amenities

  • Air Conditioning

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of KARTEN REAL ESTATE SERVICES LLC

89-02 171st Street Queens NY 11432 USA