49-01 Beach Channel Drive, Arverne, NY 11691
Vacant multi-lot site zoned R5 with a C1-2 overlay, designated for Transit Zone quality housing development.
Property Features for 49-01 Beach Channel Drive
General Information
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Investment Insights
Based on property information with market context.
The property sits on a wide street and is positioned for accessibility, located about four blocks from the Beach 44th Street A-train subway station. The surrounding area is noted as having seen significant public and private investment, including nearby initiatives such as the Resilient Edgemere initiative and the Peninsula Hospital redevelopment.
Delivered vacant and held under long-term ownership for more than 20 years, the site is being offered for sale for the first time, providing a large-scale parcel aligned with its stated zoning and Transit Zone qualification for residential construction.
Key Highlights
- Vacant development site totaling 97,913 SF at 49‑01 Beach Channel Drive in Arverne (Queens), made up of three tax lots.
- Zoned R5 with a C1‑2 commercial overlay, allowing mixed‑use development up to approximately 224,946 buildable SF.
- Located on a wide street within a designated Transit Zone, qualifying as a Quality Housing development.
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Demographics for 11691, NY