2107 Birdsall Ave, Queens, NY 11691
This exceptional 9,860 square foot corner lot presents a remarkable development opportunity in Far Rockaway, Queens. Located at 21-07 Birdsall Avenue, this property boasts 262 feet of wraparound frontage and is zoned R5 Infill, permitting the construction of a substantial 16,269 square foot residential building as-of-right. The site benefits from a highly convenient location, just 0.3 miles from the Far Rockaway-Mott Avenue subway station (A train), providing easy access to Manhattan. Its strategic placement near the vibrant retail corridor of Mott Avenue further enhances its appeal. Demolition and pre-development work are already complete, streamlining the development process. The strong rental market in Far Rockaway, characterized by high demand and limited supply, makes this a particularly attractive investment. The lot's dimensions are 109.05' x 153', allowing for efficient floor plans and maximizing the potential of this prime development site. This property offers developers a unique chance to capitalize on the thriving Far Rockaway market and its diverse population. The asking price is $975,000. This is a turnkey opportunity for immediate development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.