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
Listing Courtesy of CPRE Elite Inc