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Property profile & analytics
OFF-MARKET
Commercial real estate

14807 15Th Ave Whitestone, NY 11357

10,000 SF
Property ID
Property summary
AI-generated overview

This exceptional development opportunity presents 10,000 square feet of vacant land ideally situated at 14807 15th Avenue in Whitestone, New York. The property, encompassing lots 31 and 33 within block 4865/4645, is zoned R3A, offering significant potential for residential construction. An approved plan for the construction of two two-family homes is already in place, streamlining the development process and minimizing pre-construction hurdles. This significantly reduces the time and expense typically associated with navigating zoning approvals and architectural design. The location in Whitestone provides easy access to various amenities, transportation options, and a desirable residential neighborhood. This is a rare chance to acquire a ready-to-develop parcel in a highly sought-after area. The property's size and zoning make it an attractive investment for builders and developers seeking to capitalize on the strong demand for housing in the area. The approved plans provide a clear path to profitability, minimizing risk and maximizing return on investment. This is a turnkey opportunity for immediate development, offering a compelling combination of location, zoning, and pre-approved plans. The asking price for this exceptional property is $2,100,000. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Total area 10,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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