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Far Rockaway NY, 11694 $650,000

Unimproved Land For Sale  

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Lot shown cleared
 

Details ML#: 3468038  

  • Taxes: $2,571
  • Status:Active

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.

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Property Features

Lot Size: 0.13   Lot Sq Ft: 5675   Beach Rights: Yes   Waterfront: Yes   Waterfront Desc: Beach Access  

Appliances & Utilities

Water: Public   Sewer: Public Sewer  

Financial

Taxes: $2,571  

Local Area Information

School District: Waterside Children’S Studio School   Zoning: Residential   Block: 16157   Lot: 77  

Listing Information provided courtesy of Daniel Gale Sothebys Intl Rlty  516-466-4036
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