138-39 Centreville Street presents a prime residential development opportunity in the Ozone Park section of Queens. The property consists of a 10,873-square-foot lot with R3X zoning and an as-of-right FAR of 0.6, allowing for 6,536 buildable square feet. With the City of Yes rezoning initiative, the FAR can increase to 0.75, elevating the development potential to 8,155 buildable square feet.
This site is well-suited for constructing three detached two-family homes, supporting up to 2,720 square feet per dwelling. Its location benefits from strong neighborhood demand, excellent transit access via the nearby A train, and close proximity to JFK International Airport. The surrounding area is anchored by major economic drivers, including the $5.5 billion expansion of Resorts World Casino, expected to bring 10,000 new jobs to the community.
Situated near retail, dining, and entertainment amenities, this property offers significant upside for developers and investors seeking growth-oriented projects within one of Queens’ most active residential corridors.