50 Marvin St - Residential LAND FOR SALE


Far Rockaway, NY 11691 43,120 SF
$6,486,000 USD
516-496-8888
50 Marvin St, Far Rockaway, NY for Sale
$6,486,000 USD
Residential LAND - FOR SALE
1/4
43,120 SF

50 Marvin St
Far Rockaway, NY 11691


OVERVIEW

50 Marvin is a 43,120 sq ft beachfront lot in Far Rockaway, Queens. It is an R4-1 qualifying residential site based on the City of Yes initiative, granting the property a 1.5 FAR. This allows for an as-of-right64,680 sq ft development site, accommodating 94 units with 75 parking spots. With a 680 sq ft density factor, 75 of these units would be free market, while only 19 would be designated as UAP. Alternatively, under a community facility use, the site could yield up to 102,063.36 sq ft.

FOR SALE DETAILS

PRICE

$6,486,000 USD

PRICE/ACRE

$6,552,184/AC

PRICE/SF

$150 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Single Family Development

LAND ACRES

0.99 AC

LAND SF

43,120 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R4-1

APN/PARCEL ID

15819-0067,15819-0073,15819-0077,15819-0123,15819-0124

ASK ABOUT THIS PROPERTY

Kenneth SchuckmanSchuckman Realty, Inc.More Info
516-496-8888

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Kenneth SchuckmanSchuckman Realty, Inc.More Info
516-496-8888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.