Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    116-18 Grosvenor Ln Kew Gardens, NY 11418

    For Sale
    $3,550,000

    Land - Kew Gardens, NY

    Lot size:
    0.12 Acres
    Days on Market:
    60
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for 116-18 Grosvenor Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.12 Acres

    Building Details

    Architectural style
    Other

    ERA Caputo Realty (516) 428-7615 [email protected]

    Listing agent Marc P. Caputo (516) 428-7615 License #10401368363

    Listing date Oct 9, 2025

    MLS# 865843 Listing URL

    Copyright © 2025 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.

    Overview

    Kew Gardens Development Land For Sale

    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 lot size of approximately 5317 square feet, equivalent to 0.12 acres. The location offers convenient access to the E/F express trains, the Long Island Rail Road (LIRR), and Forest Park. It is also located near the shops on Metropolitan Avenue, Austin Street, and Queens Boulevard. This property presents an opportunity to develop a new condominium or rental building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kew Gardens
    County
    Queens
    State
    New York
    Longitude
    -73.83581
    Latitude
    40.706724

    Nearby Similar for Sale

    • $1,285,000
      Pending

      Kew Gardens Detached Two-Family Home

      Detached two-family home with recent renovations on a generous lot.
      85-34 121St St, Kew Gardens, NY 11415
      View Details
    • New
      $1,265,000
      0.03 Acres

      Kew Gardens Three-Family Brick Property

      Three-family brick corner property in Kew Gardens, Queens.
      124-01 Hillside Ave, Kew Gardens, NY 11415
      View Details
    • $1,198,000
      0.06 Acres

      Renovated Two-Family Home, Kew Gardens

      5 bedrooms, 3 baths, renovated, with yard and garage.
      8433 124Th St, Kew Gardens, NY 11415
      View Details
    • $550,000
      Pending

      Kew Gardens Medical Office Condo

      Turnkey medical office condo in Kew Gardens, Queens for sale.
      8371 116Th St, Kew Gardens, NY 11418
      View Details
    • $1,700,000
      1,918 SF

      Updated Duplex in Kew Gardens

      Two-family home with development potential near transportation.
      84-15 120Th St, Kew Gardens, NY 11415
      View Details
    • $60,000

      Retail Space in Kew Gardens

      Retail space in high-traffic area with excellent revenue potential.
      12434a Queens Blvd, Kew Gardens, NY 11415
      View Details

    FAQs

    What type of property is this?
    Land - Development site in Kew Gardens, Queens, near transportation and amenities.
    Where is this land located?
    The property is located at 116-18 Grosvenor Ln 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 site in highly sought-after Kew Gardens, Queens.; - Zoned R-7A, suitable for condo or rental building development.; - Lot size approximately 5317 SF.
    (516) 428-7615
    Request Owner's contact information
    116-18 Grosvenor Ln Kew Gardens, NY 11418
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    116-18 Grosvenor Ln
    Kew Gardens, NY 11418
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116-18 Grosvenor Ln Kew Gardens, NY 11418
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.