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    OFF-MARKET
    Commercial real estate

    2107 Birdsall Ave, Queens, NY 11691

    Property ID
    US63-5251882
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US63-5251882
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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