New York, NY 11373

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,299,000
Annual Taxes:$6,654
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of B Square Realty

Development opportunity in Elmhurst.

Description

Development opportunity in Elmhurst. This development site offers an approximately 25ft*90ft lot totaling 2,252 SF and is located within an R6B zoning district. A full set of architectural plans is available, illustrating a possible four-story, eight-unit residential development. This presents an attractive opportunity for a boutique developer or investor seeking a multifamily or build-to-rent project. The buyer may also redesign the plans to suit their own development needs. Competitively priced, this cleared development site presents an attractive value opportunity for the next developer or investor. Conveniently located near the Grand Ave–Newtown subway station, Queens Boulevard, shopping, restaurants, public transportation, and major roadways, with easy access throughout Queens and to Manhattan. Property is being sold as-is. Buyer should independently verify zoning, plans, buildable square footage, utilities, and development details.

Long Island MLS

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.