4520 211th Street, Bayside, NY 11361

$2,198,000

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List Price
$2,198,000
Price Change
▼ $182,000 1787897688
Days on Market
39
MLS#
1030463
Status
ACTIVE
Property Type
Duplex
Style
Colonial
Year Built
1920
Property Tax
$9,623
School District
Queens 26
High School
Bayside High School
Jr. High
Ms 158 Marie Curie
Elementary School
Ps 31 Bayside

Property Description

Exceptional residential development opportunity in the heart of Bayside! Rare QUALIFYING RESIDENTIAL SITE situated on a 50' x 100' (5,000 SF) corner property in an R4 zoning district. Modified qualification under the City's current zoning provisions provides for 1.50 FAR and approximately 7,500 square feet of zoning floor area, creating substantial potential for new multifamily residential development. Located within the Outer Transit Zone, with favorable off-street parking provisions further enhancing development flexibility. The combination of 7,500 buildable SF, substantial corner frontage, and a transit-oriented location presents an outstanding opportunity for developers, investors, and builders. Final building configuration, unit count, and development plans are subject to architectural analysis and all applicable NYC approvals. Ideally situated within walking distance of the Bayside LIRR station and convenient to Bell Boulevard, Northern Boulevard, shopping, restaurants, schools, parks and transportation. Surrounded by established residential development, including recently constructed multifamily properties nearby. One of the few remaining 50' x 100' corner qualifying residential development sites in this highly desirable Bayside location- the “City of Yes” at its best!

Additional Information

Acres
0.11
Parking
Detached, Driveway, Garage
Basement
Full
Heating
Oil
Cooling
None
Water
Public
Sewer
Public Sewer
Amenities
None

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: James S. Powers (jpowersrealestate@gmail.com) from Listing Office: Tapestry Real Estate of Queens.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.