Assignments

Demolished Site Adjacent to New Development

21-07 Birdsall Ave, Far Rockaway, NY 11691

Asking
$
975000

Property Details

Property Type
Residential Development Site
Price Summary
$
975000
Buildable SF
16269
Building SF
16269
LOT SF
16269
Cap RATE
%
Zoning
R5

Highlights

  • Corner Lot with 262' of Wraparound Frontage
  • Total lot Area of 9,860 Sq. Ft.
  • Zoned R5 Infill, Allowing for an As-of-Right 16,269 Sq. Ft. Residential Building.
  • Located .3 Miles From Far Rockaway - Mott Avenue Subway Stop (A Train)
  • Demolition / Pre-Development Complete

Property DEscription

Presenting an exceptional development opportunity at 21-07 Birdsall Ave. Far Rockaway, NY 11691. This property, measuring a total of 9,860 Sq. Ft. with lot dimensions of 109.05' x 153', is zoned R5 Infill, allowing for the construction of a 16,269 Sq. Ft. residential building. Benefiting from a strategic location just 0.3 miles from the Far Rockaway - Mott Ave subway stop, with access to the (A) train to Manhattan, this development site offers convenience and accessibility. The corner lot configuration allows for efficient floorplates, maximizing the potential of the property. Situated near the retail corridor of Mott Ave, the property is in close proximity to transportation hubs, enhancing its appeal for potential developers. Additionally, the fantastic rental market in the area, characterized by strong demand and limited supply, adds to the attractiveness of this investment. Far Rockaway, known for its diverse market, provides an appealing backdrop for developers seeking a strategic and promising development project. Explore the possibilities of this prime development site in a dynamic and thriving location.

Map

Christopher Daniels
Senior Associate
(917) 238-9119
CDaniels@landairnyc.com
Anand Melwani
Partner
(516) 658-1222
am@landairnyc.com
Alexandre Goulet
Partner
(646) 559-4700
ag@landairnyc.com
Dean Abouelhassan
Senior Associate
(516) 532-5385
da@landairnyc.com

Documents

Offering Memorandum
Data Room

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