$ 1,250,000
306 Beach 68th ST Arverne, NY 11692
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$ 1,250,000
Est. payment | /mo
0.28 Acres Lot
$ 1,250,000
Est. payment | /mo
0.28 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYL3590158
Originating Board onekey2
Rental Info No
Year Built 2003
Annual Tax Amount $8,300
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 55.75x200
Property 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)
Location
State NY
County Queens
Interior
Fireplace No
Exterior
Fence Fenced
Utilities Available See Remarks
View Park/Greenbelt
Private Pool No
Building
Lot Description Cleared, Level
Sewer Public Sewer
Water Public
Schools
High Schools Rockaway Collegiate High School
School District Queens 27
Others
Special Listing Condition None
Listed by Fillmore Real Estate Fusion
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