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    5-26 44Th St Queens, NY 11691

    Sponsored
    For Sale
    $55,000

    Prime 1,735 sq ft residential lot in Edgemere.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,735 square foot residential land parcel presents a unique investment opportunity in the Edgemere section of Far Rockaway, Queens, New York. Located at 5-26 Beach 44th Street, this unimproved lot boasts a desirable R4-1 zoning designation, offering significant development potential. The property's dimensions measure approximately 20 feet wide by 86.74 feet deep, providing a versatile footprint for future construction. With an asking price of $55,000, this lot represents an attractive entry point into the Queens real estate market. The property's APN is 15962-0005, and it is currently owned by Edgemere Holdings LLC. Situated in the vibrant and growing community of Edgemere, this land offers proximity to local amenities, transportation options, and the beautiful beaches of Far Rockaway. This is an exceptional opportunity for builders, investors, or anyone seeking to establish a presence in this sought-after location. The property's convenient location and zoning make it ideal for a variety of residential development projects. Don't miss this chance to acquire a piece of prime Queens real estate. The zip code is 11691.

    Property Features for 5-26 44Th St

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant 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
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.776127785585
    Latitude
    40.599224390847

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    FAQs

    What type of property is this?
    Land - Prime 1,735 sq ft residential lot in Edgemere.
    Where is this land located?
    The property is located at 5-26 44Th St Queens, NY.
    What is the asking price?
    The asking price for this property is $55,000.
    (718) 729-7474
    Request Owner's contact information
    5-26 44Th St Queens, NY 11691
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    Queens, NY 11691
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    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
    5-26 44Th St Queens, NY 11691
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