101-16 Beach 101St St Rockaway Park, NY 11694
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Land
Property Details for 101-16 Beach 101St St
- Property type
- Land
Description
This exceptional 5,465 square foot vacant lot presents a unique development opportunity in the desirable Rockaway Park neighborhood of Queens, New York. Located at 101-16 Beach 101st Street, zip code 11694, this property offers significant potential for various construction projects. The lot's size allows for substantial building plans, with estimates suggesting the possibility of constructing up to 10,000 square feet. This prime location is ideal for the development of apartments or condominiums, catering to the growing demand for residential units in the area. Furthermore, this property offers an attractive investment opportunity due to its potential for high returns. A compelling aspect of this offering is the possibility of purchasing this lot in conjunction with an adjacent property, a 3,500 square foot building (a deli) situated on a corner lot with an additional 5,000+ square feet of land. Combining both properties could unlock the potential to develop a significantly larger project, potentially up to 22,000 square feet. The asking price for this exceptional lot is $889,000. Interested parties should inquire about the package deal including the adjacent property. This is a rare chance to acquire a substantial development site in a thriving coastal community. The property is situated at 40.5824781 latitude and -73.8210507 longitude.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rockaway Park
- County
- Queens
- State
- New York
- Longitude
- -73.8211
- Latitude
- 40.5825
