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R6B Development Lot for Multifamily
For Sale
$1,299,000

88-37 54th Ave, Queens, NY 11373

Cleared, approximately 25-by-90-foot lot in an R6B zoning district with plans for an eight-unit, four-story residential build.

Property SizeContact for details
Lot Size0.05 Acres
Days on Market21

Property Features for 88-37 54th Ave

General Information

Standard status Active
Lot size 0.05 Acres
Property subtype Land
Zoning R6B

Additional Details

Multifamily Units 8

Taxes and HOA fees

Annual Taxes $6,654

Building Details

Stories 4
Listing Agency:
Listed By: Li Li
Source: Elliman
Added: Jul 20 Changed: Aug 8 Last Checked: Jul 20 at 2:20AM

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 Li Li

Investment Insights

Based on property information with market context.

This cleared development site offers an approximately 25-by-90-foot lot size totaling 2,252 square feet. A full set of architectural plans is available showing a possible four-story, eight-unit residential development. The buyer may also redesign the plans to fit their own development needs. The property is being sold as-is, and buyers should independently verify zoning, plans, buildable square footage, utilities, and development details.

The site is located in Elmhurst near Grand Ave–Newtown subway station, Queens Boulevard, shopping, restaurants, public transportation, and major roadways, providing convenient access throughout Queens and to Manhattan.

The available plans contemplate a compact multifamily configuration within the R6B zoning district for a boutique developer or investor considering a multifamily or build-to-rent project.

Key Highlights

  • Cleared development lot approx. 25 ft by 90 ft totaling 2,252 SF
  • Zoned R6B for residential development
  • Full set of architectural plans available for a possible four‑story, eight‑unit residential building

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Building Supply Auto Parts Store Dental Office Big Box & Wholesale 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.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

5,029
Businesses Nearby

Demographics for 11373, NY

105,712
Population
34,797
Households
3
Avg Household Size
38
Median Age
30%
College-Educated
75%
High-School Grad
1.5 sq mi
ZIP Area
70,475
Density / Sq Mi
$71,470
Median Household Income
$36,043
Median Earnings
$1,913
Median Rent
$683,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Cleared, approximately 25-by-90-foot lot in an R6B zoning district with plans for an eight-unit, four-story residential build.
Where is this residential land & home lot located?
The property is located at 88-37 54th Ave Queens, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Cleared development lot approx. 25 ft by 90 ft totaling 2,252 SF; Zoned R6B for residential development; Full set of architectural plans available for a possible four‑story, eight‑unit residential building
More about this property
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