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    0 Udalls Cv Park, Douglaston, NY 11363

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    AI-generated overview

    This exceptional 45,500 square foot residential land parcel presents a unique development opportunity in the desirable Douglaston neighborhood of Queens, New York. Located in Udall's Cove Park, this expansive lot boasts a prime location between 43rd Avenue to the north and Northern Boulevard to the south, and between Douglaston Parkway to the west and 247th Street to the east. The property is zoned R3-1, offering significant potential for residential construction. With dimensions of approximately 156 feet by 238 feet, the site provides ample space for a substantial project. The asking price is $6,000,000, translating to a land value of $87.90 per square foot. Low New York City taxes are a significant advantage, further enhanced by J-51 eligibility. The lot is identified as Block 8112, Lot 170. A survey is available upon request. This rare opportunity to acquire more than a full acre of developable land in this sought-after location is not to be missed. Serious inquiries only.

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    Property type Land
    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
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