$7,200,000
●
Land -
In Contract
47-11 90th Street
Elmhurst, NY 11373
Studio
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
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
Utilities Details
Sewer : Sewer
Location Details
Directions: GPS or WAZE
County or Parish: Queens
Other Details
On Market Date: 2024-01-06