305 Beach 101st Street
New York, NY 11694
$650,000
0.13 acres | #KEYL3468038
For Sale
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.
Property Details
Property
- Lot description:Cleared, Corner Lot, Level
Measurements
- Acres:0.13
Construction Details
Type & Style
- Property type:Purchase
Utilities / Energy Details
Utility
- Sewer information:Public Sewer
- Utility source:Public
- Utility features:Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community and Neighborhood Details
Community
- Community features:Sidewalks
Location
- School district:Queens 27
- Elementary School:Waterside Children'S Studio School
- Middle School:Waterside School For Leadeship
- High School:Channel View School For Research
- County:Queens
- Zoning:Residential
Financial Details
Pricing Details
- Original List Price:$850, 000
- Days on Market (Cumulative):603
- Taxes annual:$2, 571
Other
Source
- MLS #:KEYL3468038
Location
Legal
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Last Updated: . Source: ONEKEY
Listing Courtesy
Listing Agent: Abraham C. Kanfer CBR
Listing Office: Daniel Gale Sothebys Intl Rlty
Keller Williams LandmarkAsk Vinny Thompson team
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
Estimated Monthly Payment
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Loan Amount
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