Maspeth Development Opportunity 9, 679 SQ FT Pre Subdivided Through Lot Zoned R4 1 SOLD AS A PACKAGE 59 49 58th Road B 2697 L 93, features 1 family, 59 ...
New York, NY 11378
Listing
| Web ID: | 5768037 |
|---|---|
| Website: | https://www.nestseekers.com/5768037 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
Price:$2,190,000
Annual Taxes:$2,815.14
Description
Maspeth Development Opportunity: 9,679 SQ FT Pre-Subdivided Through Lot (Zoned R4-1) SOLD AS A PACKAGE: 59-49 58th Road (B: 2697-L: 93, features 1 family), 59-54 Grand Ave (B: 2697-L: 21, features garage), and 59-51 58th Road (aka 59-53 58th Road B: 2697-L: 92, vacant) in Maspeth, Queens. This is a premier street-to-street footprint that completely bridges two blocks: 58th Road and Grand Avenue. With a total lot size of 9,679 square feet and flexible R4-1 zoning, the property offers massive development and multi-unit construction potential. Because the package is already legally split into three distinct tax lots, you completely bypass the typical subdivision bureaucracy. The unique through-lot layout provides excellent dual street frontage, simplifying construction access and staging. Build out the site for maximum yield or execute a flexible multi-phase exit strategy immediately. Total Tax: $10,901
Contact
Listing Courtesy of Exit All Seasons Realty