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. 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!
Estimated Payment
$ 13,530.66 per month $12,034.58 Principal & Interest $801.92 Property Tax $694.17 Homeowner's InsuranceListing By
Agency Name: Tapestry Real Estate of Queens
Agency Contact: 718-460-1943
Shown By
Agent Name: Debra Kirsh
Agent Phone: (516) 662-7451
Agency Title: Coldwell Banker American Homes
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4520 211th Street | MLS# 1030463
This multi-family property located at 4520 211th Street, Bayside, NY 11361 is currently listed for sale with an asking price of $2,380,000. 211th Street is located within the Queens 26 school district. Search Bayside real estate on debrakirsh.cbamhomes.com today.