$1,684,000
↑ $1K (0.1%)
●
Land -
For Sale
55-43 97th Street
New York, NY 11368
Studio
0 Bath
$8,831
Est. Monthly
About This Property
Development opportunity in prime location in Corona consisting of a
28x100 lot within the R6A, C1-2 zoning district, Buildable area of
10,920 SF, a mixuse property, and in close proximity to the Queens
Center Mall and the trains F, E, M & R and multiple bus routes. All
amenities are in the area including schools, Flushing Meadows
Corona Park, Citifield, US Open, Queens Zoo, Hall of Sciesce and
the upcoming development of a Soccer stadium in Willets Point. The
area enjoys a very healthy and active rental market and this plot
is primed for multifamily & Mixuse development. Survey available
upon request. Only all cash offers considered. Sold as is, where
is, as it presently exists, with no guarantees. All Buyers and
Buyers brokers are advised to perform their due diligence.
Unit Size
-
Days on Market
35 days
Land Size
0.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
$561
HOA Dues
-
Year Built
1920
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 19 days ago (OneKey MLS #KEY1058576)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2026 | Price Increased |
$1,685,000
↑ $1K
(0.1%) | |
| Price Increased | |||
| Oct 20, 2026 | Price Decreased |
$1,684,000
↓ $15K
(0.9%) | |
| Price Decreased | |||
| Oct 5, 2026 | Listed by Keller Williams Landmark II | $1,699,000 | |
| Listed by Keller Williams Landmark II | |||
| Sep 21, 2026 | Listed by Keller Williams Landmark II | $1,699,000 | |
| Listed by Keller Williams Landmark II | |||
  | |||
|
Development opportunity in prime location in Corona consisting of a 28x100 lot within the R6A, C1-2 zoning district, a lot where you can build up to 10,920 square feet, and in close proximity to the Queens Center Mall and the trains F, E, M & R and multiple bus routes. All amenities are in the area including schools, Flushing Meadows Corona Park, Citifield, US Open, Queens Zoo, Hall of Sciesce and the upcoming development of a Soccer stadium in Willets Point. The area enjoys a very healthy and active rental market and this plot is primed for multifamily & Mixuse development. Survey available upon request. Only all cash offers considered. Sold as is, where is, as it presently exists, with no guarantees. All Buyers and Buyers brokers are advised to perform their due diligence.
| |||
Property Highlights
Exterior Details
Building Area Units: Square Feet
Lot Size Area: 2800
Lot Size Units: Square Feet
Lot Size Acres: 0.064
Lot Size Square Feet: 2800
Lot Size Dimensions: 28X100
Tax Lot: 4
Water Source: Public
Financial Details
Tax Annual Amount: $6,736
Utilities Details
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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About Northwestern Queens
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Last Updated: 19 days ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017