Nest Seekers

PRIME DEVELOPMENT OPPORTUNITY in REGO PARK !

New York, NY 11374

Listing

Web ID:5791417
Website:https://www.nestseekers.com/5791417

Property

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

Financials

Price:$5,500,000
Annual Taxes:$10,720

Description

PRIME DEVELOPMENT OPPORTUNITY in REGO PARK! This rare, shovel-ready lot allows investors and developers to bypass lengthy approval timelines and commence construction immediately upon closing. The site comes with FULLY DOB-APPROVED plans for a thoughtfully designed, high-density mixed-use building featuring 25 residential units, commercial space, and dedicated parking. Boasting an exceptional transit-oriented location in close proximity to the M and R subway service, the property offers unparalleled convenience with immediate access to Queens Boulevard, Rego Center, Costco, and premier retail amenities. Positioned in a high-demand neighborhood with strong residential condominium and rental market fundamentals, this asset significantly reduces entitlement risk and stands as a turnkey project primed for immediate execution.

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 CPRE Elite Inc
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