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Key Details
Property Type Single Family
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,480 sqft
Price per Sqft $1,772
MLS Listing ID 974441
Style Cape Cod,Colonial
Bedrooms 4
Full Baths 4
HOA Y/N No
Rental Info No
Year Built 1925
Annual Tax Amount $14,144
Lot Size 6,520 Sqft
Acres 0.1497
Property Sub-Type Single Family Residence
Source onekey2
Property Description
A rare opportunity in the prestigious Malba enclave to create a true estate level residence or pursue a high end development project.
Approved plans are already in place for a 10,000+ square foot French Chateau style home, thoughtfully designed to incorporate portions of both lots. This offers a buyer the ability to bring this grand vision to life without starting from scratch. The property is also primed for redevelopment, with water, electric, and sewer cutoffs already completed, allowing for a seamless transition into construction.
For end users, this offering presents a unique opportunity to create a private estate setting with exceptional scale, privacy, and flexibility. A buyer can move forward with the existing plans or tailor them to suit their own custom residence.
Two adjacent properties are being offered together, situated on oversized parcels measuring approximately 65' x 100' and 87' x 121'.
For developers, the property is located within R1-2 zoning, with a completed zoning analysis outlining the potential to subdivide into three buildable lots, each supporting approximately 3,000+ square feet of living space, subject to architect and DOB approval. This creates a compelling opportunity to develop multiple custom homes in a neighborhood where new construction inventory is extremely limited.
Alternatively, a buyer may choose to build on one lot while retaining the second for additional outdoor space, a secondary structure, or long term flexibility.
The existing second home requires a full gut renovation, offering further upside for repositioning or resale.
Set within the Malba community, known for its tree lined streets, waterfront proximity, and quiet residential feel, this is a rare chance to acquire scale, flexibility, and long term value in one of Queens' most exclusive enclaves.
All information, including but not limited to zoning, plans, and development potential, is provided for informational purposes only and is not guaranteed. Buyers are advised to conduct their own due diligence and consult with their architect and professionals to verify all details.
Location
State NY
County Queens
Rooms
Basement Full
Interior
Interior Features Other
Heating Other
Cooling None
Fireplace No
Appliance Gas Range
Exterior
Parking Features Driveway
Utilities Available None
Garage false
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Schools
Elementary Schools Ps 79 Francis Lewis
Middle Schools Jhs 194 William Carr
High Schools Queens 25
School District Queens 25
Others
Senior Community No
Special Listing Condition None
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716