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Kew Gardens Development Land
For Sale
$3,550,000
Pending

116-18 Grosvenor Lane, Kew Gardens, NY 11418

LAND - Kew Gardens, NY

Property SizeContact for details
Lot Size0.12 Acres
Days on Market452

Property Features for 116-18 Grosvenor Lane

General Information

Property type Land
Property subtype Other
Elementary school Ps 56 Harry Eichler
Middle school Ms 137 America'S School-Heroes
High school Richmond Hill High School
Elementary school district Queens 27
Middle school district Queens 27
High school district Queens 27
Standard status Pending
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13594

Utilities

Sewer type Public Sewer
Listing Agency: ERA/Caputo Realty · ERA Real Estate
Listed By: Marc P. Caputo · License #10401368363
Added: May 22, 2025 Changed: Aug 1 Last Checked: Aug 16 at 1:06PM
MLS# 865843

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property is a development site for sale situated in Kew Gardens, Queens. The area is being sold as a land sale. The property is zoned R-7A and features a total lot size of approximately 5317 square feet, equivalent to 0.12 acres. Its location offers convenient access to the E/F express trains, the Long Island Rail Road (LIRR), and Forest Park. Additionally, the site is located close to shops on Metropolitan Avenue, Austin Street, and Queens Boulevard. This property presents an opportunity to develop a new condominium or rental building.

Key Highlights

  • Prime development opportunity in Kew Gardens, Queens.
  • R‑7A zoning allows for condo or rental building development.
  • Large lot size of approximately 5317 SF.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Hotel & Motel Nursing Home Bed & Breakfast Clothing & Fashion Store Catering Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,109
Businesses Nearby

Demographics for 11418, NY

37,596
Population
12,072
Households
3.1
Avg Household Size
37
Median Age
32%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
22,115
Density / Sq Mi
$84,927
Median Household Income
$44,818
Median Earnings
$1,788
Median Rent
$772,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development site in Kew Gardens, Queens, near transportation and amenities.
Where is this residential land & home lot located?
The property is located at 116-18 Grosvenor Lane Kew Gardens, NY.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: Prime development opportunity in Kew Gardens, Queens.; R‑7A zoning allows for condo or rental building development.; Large lot size of approximately 5317 SF.
More about this property
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