305 Beach 101st Street , Far Rockaway, NY 11694
Far Rockaway, NY 11694
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.
Details
| MLS# | 3468038 |
|---|---|
| Listing Type | For Sale |
| Style | Vacant Land |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 564 |
| Listing Provided By | Daniel Gale Sothebys Intl Rlty | Abraham C Kanfer |
Features
| Zoning | Residential |
|---|---|
| Acreage | 0.13 |
| Water Front | Yes |
Market Activity 11694
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Learn More About This Property
| State | NY |
|---|---|
| County | Queens |
| City | Far Rockaway |
| Zip Code | 11694 |
| Subarea | 13 |
| School District | Channel View School For Research |
| Elementary School | Waterside Children'S Studio Scho |
| Middle School | Waterside School For Leadeship |
| High School | Channel View School For Research |
| Listing VS Median (in 11694) | |
Price: $650,000 low | high Med: $675,000 On Site: 564 low | high Med: 13.000000 | |