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$ 650,000
Est. payment | /mo
5,662 Sqft Lot
$ 650,000
Est. payment | /mo
5,662 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYL3468038
Originating Board onekey2
Rental Info No
Annual Tax Amount $2,571
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 56.75x100
Property Description
Investor/Builder opportunity on one of the few beach community areas that have not been overdeveloped or priced out of reach. Rockaway Beach is part of Queens and as such enjoys the lower real estate taxes that the City has to offer. This area has been a beach destination for generations but only recently has begun to gain popularity as an investment area for developers. Luxury rentals and condos have been springing up here and the boardwalk and beach have been upgraded to rival any Long Island waterfront community. This flat parcel of land is located one block from the boardwalk and beach. It is zoned R4 with a FAR of .75. The existing zoning should allow for two, two-family homes to be built on this corner lot. With proper use of terraces and perhaps a roof deck, water views are achievable.
Location
State NY
County Queens
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description Beach Access
Private Pool No
Building
Lot Description Cleared, Corner Lot, Level
Sewer Public Sewer
Water Public
Schools
Elementary Schools Waterside Children'S Studio School
Middle Schools Waterside School For Leadeship
High Schools Channel View School For Research
School District Queens 27
Others
Special Listing Condition None
Listed by Daniel Gale Sothebys Intl Rlty