1-20 9Th St Queens, NY 11691

This exceptional 19,759 square foot waterfront development site presents a unique investment opportunity in the desirable Far Rockaway area of Queens, New York. Located at 1-20 Beach 9th Street, zip code 11691, this property boasts an enviable location bordering the Five Towns. The site is zoned R6, allowing for significant residential development. Importantly, approved building plans for a substantial 56,930 square foot residential building are already in place, significantly streamlining the development process. Furthermore, a Department of Environmental Conservation (DEC) permit is also secured, eliminating a major hurdle in the project timeline. This ready-to-build waterfront property offers unparalleled potential for a high-return residential development in an established and thriving community. The asking price for this remarkable opportunity is $5,800,000. This is a rare chance to acquire a fully permitted, large-scale residential development site in a prime waterfront location. Don't miss this chance to capitalize on this exceptional offering.