306 Beach 68th Street, Arverne, NY, 11692
$1,250,000
Unimproved Land
For Sale
Details
ML#: 3590158
- Year Built: 2003
- Taxes: $8,300
- Status:Active
Description
Welcome to Arverne in Far Rockaway, Queens, where this exceptional property spans lots 24 and 73, featuring a 200-foot frontage and 59-foot depth along Beach 67th and Beach 68th Streets. We are seeking an investor or developer with innovative ideas for this prime location. Potential uses for the property (subject to architectural review) include residential development with approximately 15, 000 buildable square feet or community facility usage with up to 24, 000 buildable square feet. With the ongoing development of Arverne by the Sea just around the corner, including new rentals, commercial stores, and restaurants, the area is in high demand for affordable housing or community facilities such as medical centers or schools. The property is currently zoned R5/R5A, but with the NYC YES program and its proximity to public transportation, there’s potential for an increased FAR (Floor Area Ratio)
More Property Details
Lot Size: 0.28
Lot Sq Ft: 11150
Water: Public
Sewer: Public Sewer
Taxes: $8,300
School District#: 27
School District: Queens 27
Block: 15915
Lot: 24
Listing Information provided courtesy of
Fillmore Real Estate Fusion
718-615-2007