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    101 Bch St Queens, NY 11694

    Sponsored
    For Sale
    $899,000

    Prime Rockaway lot, buildable, near beach.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 5,465 square foot vacant lot presents a remarkable development opportunity in the heart of Rockaway, Queens, New York. Located just one block from the beach at 101 Beach Street, this property (Lot 6) measures 81.74 feet by 70.95 feet. Zoning regulations permit the construction of a multi-family building up to four stories high, potentially accommodating up to fifteen apartments. The property's prime location and development potential make it an attractive investment. Detailed architectural plans should be reviewed to determine the optimal building design and maximize the buildable area. Note that an adjacent lot (Lot 1, currently a deli) is also available for purchase, offering the potential to significantly expand the development footprint to a total of approximately 21,800 square feet of buildable area. The combined lots would offer substantial development potential. This is a rare opportunity to acquire a large, buildable lot in a highly desirable beachfront location. The asking price for this exceptional property is $899,000. The zip code is 11694.

    Property Features for 101 Bch St

    General Information

    Property type
    Land

    HighLights

    • 5,465 SF vacant lot in Rockaway, Queens.
    • Located one block from the beach at 101 Beach Street (Lot 6), 81.74' x 70.95'.
    • Multi‑family zoning allows up to a four‑story building with potential for 15 apartments.
    • Adjacent lot (Lot 1, currently a deli) also available for purchase, expanding potential buildable area to approximately 21,800 SF.
    • Asking price: $899,000 (Zip code: 11694).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.8624893
    Latitude
    40.5722132

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    FAQs

    What type of property is this?
    Land - Prime Rockaway lot, buildable, near beach.
    Where is this land located?
    The property is located at 101 Bch St Queens, NY.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: 5,465 SF vacant lot in Rockaway, Queens.; Located one block from the beach at 101 Beach Street (Lot 6), 81.74' x 70.95'.; Multi-family zoning allows up to a four-story building with potential for 15 apartments.
    Request Owner's contact information
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    Queens, NY 11694
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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
    101 Bch St Queens, NY 11694
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