Property summary
This exceptional 26,524 square foot vacant lot, situated on Seagirt Boulevard in Far Rockaway, Queens, presents a remarkable development opportunity. Boasting 170 feet of frontage on this bustling thoroughfare and street frontage on three sides, the property is zoned R5/C1-3, permitting a 33,155 square foot mixed-use development or a 53,048 square foot community facility. The location within a FRESH tax benefit zone offers significant cost advantages for developers. Its proximity to the beach and boardwalk, coupled with nearby amenities such as CVS, Shop Fair Supermarket, Bank of America, and Dunkin' Donuts, ensures high visibility and accessibility. Excellent public transportation is readily available via the Q113 & Q114 bus lines, providing convenient access to the A subway line. The property's strategic location near the revitalized Special Downtown Far Rockaway District, rezoned in 2017 to encourage development, further enhances its investment potential. This is a rare chance to capitalize on a prime location in a rapidly growing area. The asking price is $3,500,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight