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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

Long Island City, NY
47-44 Vernon Blvd, Long Island City, NY 11101
Phone: +1 718-707-0200
Fax: +1 718-707-0233
lic@nestseekers.com
Listing Courtesy of Exit All Seasons Realty
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