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Property Description

Prime development opportunity in the heart of Richmond Hill! This 50 x 100 lot is positioned within R6B zoning with a C2-4 commercial overlay, offering outstanding potential for residential or mixed-use redevelopment. With a base FAR of 2.0 and the potential to reach up to approximately 2.4 FAR through applicable city programs and incentives (buyer to verify with architect), developers have the opportunity to create an estimated 10,000 to 12,000 square feet of buildable space.

The zoning allows for a variety of possibilities, including a new mixed-use building featuring ground-floor retail or professional space with residential apartments above, a boutique residential building with multiple full-floor units, or a community facility such as medical offices, educational space, or professional use. The C2-4 overlay provides added flexibility and enhances long-term value by supporting commercial frontage along this active corridor.

Located on a well-traveled street with excellent visibility, and just moments from public transportation, shopping, dining, and neighborhood amenities, this property is ideally positioned for strong future demand. An exceptional opportunity for developers, investors, and builders seeking to maximize development potential and long-term returns in a thriving Queens neighborhood.

Features
Lot Features:
City Lot
Sewer:
Public Sewer
Utilities:
Natural Gas Connected, Electricity Connected
Address Map
City:
NY
State:
NY
County:
Queens
Directions:
Map Google.com
Property and Construction
Elementary School:
Ps 56 Harry Eichler
High School:
Richmond Hill High School
Agent MlsId:
115080
Office MlsId:
HUZH02
MiddleOrJunior School:
Ms 137 America'S School-Heroes
Special Listing Conditions:
No
Tax Annual Amount:
$41,396
Water Source:
Public
Zoning:
R6B
PhotosCount:
4

Land For Sale

116-14 Myrtle Avenue, New York, NY

$1,649,000
Listing ID #960692
Basic Details
Property Type :
Land
Listing ID :
960692
Price :
$1,649,000
Bathrooms Total :
0
Status :
Active
Status :
Active
Listing Office :
Key Impact Realty Group Inc
Listing Agent :
Zhen Hu CBR RENE SRS CRS
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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