Check Availability
$7,200,000
Land - In Contract

47-11 90th Street

Elmhurst, NY 11373
bedrooms
Studio
bathrooms
0 Bath
$52,126
Estimated Monthly
$0
HOA / Fees
-2.55%
Cap Rate

About This Property

THIS IS A BIG LOT SQUARE FOOTAGE IS APPROXIMATELY 45,938 SQUARE FEET AND SITS IN AN R6B / C2-3 ZONING AREA. WITHIN R6B / C2-3 ZONING, IT ALLOWS FOR RESIDENTIAL OR COMMERCIAL DEVELOPMENT WITH A 2.0 FLOOR AREA RATIO (FAR) FOR TOTAL AS OF RIGHT BUILDABLE OF APPROXIMATELY 91,876 SQFT. A PROPERTY SURVEY IS AVAILABLE UPON REQUEST. 47-11 90TH STREET IS A EXCELLENT OPPORTUNITY FOR A DEVELOPER / INVESTOR TO CAPITALIZE ON THE GROWING DEMAND FOR RESIDENTIAL, RENTAL, AND CONDOMINIUM SPACE IN THE CENTER ELMHURST / REGO PARK NEIGHBORHOODS OF QUEENS.
Unit Size
-
Days on Market
-
Land Size
1.05 acres
Price per sqft
-
Property Type
Land
Property Taxes
$16,772
HOA Dues
-
Year Built
2008
Listed By
Maria Ozolo
East Coast REALTORS Inc
Last updated: 2 months ago (OneKey MLS #ONE3524185)

Price History

Date / Event Date Event Price
Mar 14, 2024 In contract -
In contract
Jan 30, 2024 Price Increased $7,200,000
↑ $1M (16.1%)
Price Increased
Jan 6, 2024 Listed by East Coast REALTORS Inc $6,200,000
Listed by East Coast REALTORS Inc

Property Highlights

Exterior Details

Property Information

Property Type: Land
Property Sub Type: Unimproved Land

Lot Information

Lot Features: Cleared
Lot Size Acres: 1.05
Lot Size Square Feet: 45938
Lot Size Dimensions: 104.42x190.75

Land Information

Water Source: Public
Financial Details
Tax Annual Amount: $201,269

Building Info

Overview

    General

  • Year Built: 2008
  • Building Count: 1
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 45,938
  • Lot Size Depth Feet: 191
  • Lot Size Frontage Feet: 104

    Floor Area Ratio

  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: G7
  • Lot Type: 3
  • Land Use: 10
  • Irregular Lot Code: Y

Neighborhood

  • Community District: 404
  • City Council District: 25
  • Police Precinct: 110
  • Fire Company: E289
  • Health Area: 1420
  • Sanitation District Borough: 4
  • Sanitation Subsection: 2E
  • School District: 24

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6B
  • Zoning Commercial Overlay 1: C2-3

Geography

  • Borough Name: QN
  • Borough Code: 4
  • Block: 1586
  • Lot: 10
  • Borough Block Lot: 4015860010

    Address

  • Full Address: 47-11 90 Street
  • Zip Code: 11373

Valuation

    Assessments Valuation

  • Assessed Total Value: $3,231,450
  • Assessed Land Value: $3,231,450

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$6,200,000 May 14, 2020
$6,200,000 Apr 16, 2021
$376/mo
Land
Loft
-
-
$6,800,000 Nov 11, 2022
$6,800,000 Jul 27, 2023
$4,038/mo
Commercial
Loft
-
-
$6,500,000 Jun 17, 2021
$6,500,000 Nov 17, 2023
-
Land
Loft
-
-
$6,800,000 Dec 11, 2023
-
-
Commercial
Loft
-
-
$7,900,000 Nov 8, 2023
-
$5,917/mo
House
Stu
-
-
$7,500,000 May 17, 2022
-
$474/mo

About Northwestern Queens


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Frequently Asked Questions

When was property at 47-11 90th Street built and last sold?
The property at 47-11 90th Street was built in 2008 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 47-11 90th Street is $6,262,000.
What are some comparable homes to 47-11 90th Street?
Homes that are comparable to 47-11 90th Street include a land property at 84-4 Queens Boulevard, a commercial property at 42-16 82nd Street, a house property at 82-20 Britton Avenue.

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