For Sale
$4,000,000

204 B 28 StQueens, NY 11691

Prime Far Rockaway Land, $4M

Overview

Added:
Dec 11, 2024
Days on market:
115

Highlights

  • 51,376 SF corner lot in Far Rockaway, ready for development.
  • Approved plans for a 62,000 SF (ZFA) four-story building with 51 residential units and 17,000 SF (ZFA) of community facility space over 63 parking spaces.
  • Zoning permits up to 102,752 SF (ZFA) of community facility space.
  • Located in a Qualified Opportunity Zone, one block from the beach and three blocks from the [A] subway.
  • $4,000,000 asking price; $78 per square foot land cost. Maximum zoning with community facility yields $39 per buildable SF (ZFA); R5 residential-only development (as planned) yields $89 per buildable SF (ZFA).

Property Details for 204 B 28 St

Property type
Land

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.5948416
Longitude
-73.7605185
204 B 28 St, Queens, New York
Leaflet | © OpenStreetMap contributors

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204 B 28 St
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