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In-PersonVirtual Tour
$ 5,500,000
Est. payment | /mo
4,900 Sqft Lot
$ 5,500,000
Est. payment | /mo
4,900 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1059888
HOA Y/N No
Rental Info No
Annual Tax Amount $10,720
Lot Size 4,900 Sqft
Acres 0.1125
Source onekey2
Property 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.
Location
State NY
County Queens
Interior
Fireplace No
Building
Sewer Public Sewer
Schools
Elementary Schools Contact Agent
Middle Schools Call Listing Agent
High Schools Contact Agent
School District Contact Agent
Others
Senior Community No
Special Listing Condition None
Listed by CPRE Elite Inc • Lina Luo Tsong
Nearby Locations
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Jeffrey Jimenez
Licensed Real Estate Salesperson License ID: 10401267947