Development opportunity in Elmhurst. This development site offers an approximately 25ft*90ft lot totaling 2,252 SF and is located within an R6B zoning district.A full set of architectural plans is available, illustrating a possible four-story, eight-unit residential development. This presents an attractive opportunity for a boutique developer or investor seeking a multifamily or build-to-rent project. The buyer may also redesign the plans to suit their own development needs. Competitively priced, this cleared development site presents an attractive value opportunity for the next developer or investor.Conveniently located near the Grand Ave-Newtown subway station, Queens Boulevard, shopping, restaurants, public transportation, and major roadways, with easy access throughout Queens and to Manhattan.Property is being sold as-is. Buyer should independently verify zoning, plans, buildable square footage, utilities, and development details.
Estimated Payment
$ 7,501.83 per month $6,568.45 Principal & Interest $554.50 Property Tax $378.88 Homeowner's InsuranceListing By
Agency Name: B Square Realty
Agency Contact: 646-889-9988
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
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88-37 54th Avenue | MLS# 1025501
This land located at 88-37 54th Avenue , Elmhurst, NY 11373 is currently listed for sale with an asking price of $1,299,000. The property has approximately 0.05 Acres. 88-37 54th Avenue is located within the Contact Agent school district. Search Elmhurst real estate on www.cbamhomes.com today.