Great Development Opportunity Residential amp ; Commercial Mixed Use This is an excellent opportunity to develop a mixed use property with significant potential.


Property

Website:https://www.nestseekers.com/4974022
Address:
New York, NY 11434
Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Lot Size: 0.2 Acres

Financials

Price:$2,499,000
Annual Taxes:$12,572

Description

Great Development Opportunity – Residential & Commercial Mixed-Use - This is an excellent opportunity to develop a mixed-use property with significant potential. The site includes a proposed plan for four (4) three-family residential buildings and four (4) commercial spaces, offering a strong return on investment in a high-demand area. Zoning: R5B / C1-3 - FAR: 2.0 - With approved plans - Property will be delivered vacant at closing. This project is ideal for developers looking to build multifamily residences with street-level commercial units in a well-zoned, growing neighborhood.

Amenities

  • Electricity Available
  • Natural Gas Available

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Elite Realty of USA Inc