Nest Seekers

40 x 76 corner lot offering approximately 4, 379 buildable SF with R5 zoning, an existing curb cut, and long private driveway.

25-98 50th Street
New York, NY 11377

Listing

Web ID:5812399
Website:https://www.nestseekers.com/5812399

Property

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

Financials

Price:$700,000
Annual Taxes:$1,731.26

Description

40 x 76 corner lot offering approximately 4,379 buildable SF with R5 zoning, an existing curb cut, and long private driveway. Block & Lot 00745-0081. An excellent opportunity for builders, developers, or investors looking for a well positioned development site. The adjacent legal two family property is also available separately, creating the potential to assemble both properties and utilize approximately 1,010 SF of additional unused development rights, bringing the combined potential to approximately 5,389 buildable SF. Develop the lot independently or explore the larger assemblage opportunity while retaining the neighboring two family as an income producing asset. All zoning, development rights, lot dimensions, and buildable square footage are approximate and subject to independent verification by purchaser and purchaser’s architect.

Contact

Long Island City - Jackson Ave
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Phone: +1 929-442-2208
BethoneyShen@nestseekers.com
Listing Courtesy of Amorelli Realty LLC
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