2 family home on a 25 x 100 lot with highly desirable R6 zoning, offering exceptional development and long term investment potential.


Property

Website: https://www.nestseekers.com/5211576
Address:
New York, NY 11355
Ownership: For Sale
Type: Duplex
Bedrooms: 6 BR
Bathrooms: 2

Financials

Price:$2,599,000
Annual Taxes:$5,116

Description

2-family home on a 25 x 100 lot with highly desirable R6 zoning, offering exceptional development and long-term investment potential. R6 zoning permits medium-density residential use and provides flexibility for multi-family use or future redevelopment to maximize allowable floor area (subject to architectural plans, DOB approval, and all local regulations). This zoning also offers the potential to develop a medium-size apartment building with a community facility or community center component, making the property especially attractive for developers and investors seeking strong upside. Situated in the heart of Flushing, just half a block from Main Street and College Point Boulevard, the property enjoys a very desirable location with immediate access to shopping, dining, transportation, and major amenities.

Amenities

  • Electricity Connected
  • High ceiling
  • Natural Gas Connected
  • Open Kitchen
  • Water Connected

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Keller Williams Rlty Landmark