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Commercial Development Site
For Sale
$4,980,000

18-45 Cornaga Avenue, Far Rockaway, NY 11691

R6 zoning with a C2-4 overlay supports consideration of residential development with ground-floor retail, subject to due diligence.

Property SizeContact for details
Days on Market61

Property Features for 18-45 Cornaga Avenue

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Momentum Real Estate LLC
Listed By: Thomas Leong
Source: Gosenproperties
Added: Sep 5 Changed: Oct 29 Last Checked: Nov 4 at 7:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Momentum Real Estate LLC

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Investment Insights

Based on property information with market context.

The 16,330-square-foot commercial land site is within the Special Downtown Far Rockaway District. It is primarily zoned R6 with a C2-4 commercial overlay. Preliminary estimates indicate 63,000–74,500 buildable square feet and potential for 75–90 residential units with ground-floor retail; these figures require independent verification.

Key Highlights

  • 16,330‑square‑foot site with approximately 100 feet of frontage
  • R6 zoning with a C2‑4 commercial overlay
  • Preliminary estimate of 63,000–74,500 buildable square feet, subject to independent verification

Property Analytics

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Open Analytics

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture Gym & Fitness Center

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

744
Businesses Nearby

Demographics for 11691, NY

64,673
Population
23,400
Households
2.8
Avg Household Size
34
Median Age
23%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
23,953
Density / Sq Mi
$57,027
Median Household Income
$40,366
Median Earnings
$1,444
Median Rent
$649,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - R6 zoning with a C2-4 overlay supports consideration of residential development with ground-floor retail, subject to due diligence.
Where is this commercial land located?
The property is located at 18-45 Cornaga Avenue Far Rockaway, NY.
What is the asking price?
The asking price for this property is $4,980,000.
What are key features of this property?
This property features: 16,330‑square‑foot site with approximately 100 feet of frontage; R6 zoning with a C2‑4 commercial overlay; Preliminary estimate of 63,000–74,500 buildable square feet, subject to independent verification
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