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$4,980,000
Est. payment /mo
0.37 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1047281
Rental Info No
Annual Tax Amount $17,348
Lot Size 0.375 Acres
Acres 0.3748
Source onekey2
Property Description
Exceptional development opportunity in the heart of Downtown Far Rockaway, one of Queens' rapidly evolving transit-oriented corridors. Situated within the Special Downtown Far Rockaway District, this approximately 16,330 SF site offers roughly 100 feet of frontage along Cornaga Avenue, just steps from the Mott Avenue transit hub.
Primarily zoned R6 with a C2-4 commercial overlay, preliminary analysis indicates approximately 63,000–74,500 buildable SF, with the potential for approximately 75–90 residential units plus ground-floor retail, subject to independent verification.
With the A subway and LIRR nearby, significant public investment in Downtown Far Rockaway, and substantial development activity throughout the surrounding corridor, 18-45 Cornaga Avenue presents a rare opportunity to acquire a sizable development site positioned for continued growth.
All zoning, FAR, buildable square footage, and unit counts are approximate and subject to purchaser's independent due diligence.
Primarily zoned R6 with a C2-4 commercial overlay, preliminary analysis indicates approximately 63,000–74,500 buildable SF, with the potential for approximately 75–90 residential units plus ground-floor retail, subject to independent verification.
With the A subway and LIRR nearby, significant public investment in Downtown Far Rockaway, and substantial development activity throughout the surrounding corridor, 18-45 Cornaga Avenue presents a rare opportunity to acquire a sizable development site positioned for continued growth.
All zoning, FAR, buildable square footage, and unit counts are approximate and subject to purchaser's independent due diligence.
Location
State NY
County Queens
Interior
Fireplace No
Building
Sewer Public Sewer
Schools
Elementary Schools Ps 197 Ocean School
Middle Schools Village Academy
High Schools Queens 27
School District Queens 27
Others
Senior Community No
Special Listing Condition None
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Listed by Momentum Real Estate, LLC • Thomas Leong
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