$975,000

Pending

Est. Mortgage $4,739/mo *

Quick Pre-Approval

72-50 Burchell Avenue, Arverne, NY, 11692

72-50 Burchell Avenue, Arverne, NY, 11692

Development Opportunity in a Thriving Neighborhood! Don't miss out on this extraordinary opportunity to be able to build multiple units in the much sought after section of Far Rockaway! This subdividable L-shaped corner lot is perfectly situated in a growing residential area surrounded by newly constructed multi-family homes. You'll think you're driving into a gated community, as all your neighbors are either new construction or being constructed! Property Highlights: Zoning: R4A – Permits the construction of up to three multi-family homes, making it ideal for residential development and or your own private compound. Utilities Ready: All essential services, including electric, gas, sewer, water, and cable, are readily available on-site. Prime Location: Minutes from the Far Rockaway boardwalks, shopping centers, parks, restaurants, and entertainment. This rarely found property offers an unbeatable combination of development potential and a desirable location. Whether you’re a developer looking to capitalize on the area’s growth or an investor seeking the perfect project, this is your chance to bring your vision to life! Don’t miss out on this once in a lifetime opportunity—schedule a showing today!


Status:

Pending

Type:

Lot / Acreage

Acreage:

0.26

Est. Taxes:

$5,397

Current Use

Residential

Utilities

Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected

Lot Description:

Corner Lot, Level, Near Public Transit, Near School, Near Shops

Elementary School:

Ps 183 Dr Richard R Green

Middle School:

Jhs 202 Robert H Goddard

High School:

Rockaway Park High School For Environmental Susta

School District:

Community District 27

Days on Market:

39

MLS #:

963915


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Coldwell Banker American Homes 718-206-1340