29Th St Queens, NY 11691
- Land
- 46,839 SF
Current Use by Public Records
- Land
Property Details for 0 29Th St
- Property size
- 46,839 SF
- Property type
- Land
Description
This exceptional 37,471 square foot residential development site in Queens, New York, presents a unique investment opportunity. Located on Beach 29th Street, between LeMay Road and the beach, the property boasts 360 feet of frontage and offers unparalleled access to the ocean and boardwalk. The R5 zoning permits the construction of a substantial 46,839 buildable square feet of residential development, making it ideal for a multi-family project or a collection of luxury homes. Its prime location offers residents convenient access to various amenities, including nearby schools, CVS, Shop Fair Supermarket, Bank of America, and Dunkin' Donuts. Public transportation is readily available, with the Q22, Q113, and Q114 bus stops just blocks away, and the Beach 25th Street A train subway station a short 10-minute walk. Furthermore, the property benefits from its proximity to the revitalized Special Downtown Far Rockaway District, rezoned in 2017 to foster growth and create a thriving mixed-use community. This presents a rare chance to capitalize on the area's ongoing development and create a highly desirable residential project in a sought-after beachfront location. The zip code is 11691. This property is offered at $4,000,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.762
- Latitude
- 40.5953
