For Sale
$4,400,000

55-17 98 St Queens, NY 11368

8,608 SF Vacant Lot, R7B Zoning

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
Exceptional development opportunity in Corona, Queens, presents a rare chance to build a 7-story mixed-use building. Preliminary plans are in place for a 38-unit residential structure, incorporating a community facility and 19 parking spaces. This 8,608 square foot vacant lot is zoned R7B, offering significant potential. The property boasts a highly convenient location, directly off the Long Island Expressway and just seven blocks from the Woodhaven Boulevard subway station (E, F, M, & R lines). LaGuardia Airport is also within minutes. Corona's robust housing market, characterized by low vacancy and arrears rates, ensures strong demand. The site's proximity to notable attractions further enhances its appeal

Highlights

  • Exceptional development opportunity: 8,608 sq ft vacant lot in Corona, Queens, zoned R7B, for a 7-story, 38-unit mixed-use building with 19 parking spaces and a community facility.
  • Prime location: Directly off the Long Island Expressway, seven blocks from the Woodhaven Blvd subway (E, F, M, & R trains), and minutes from LaGuardia Airport.
  • Strong market demand: Corona's robust housing market features low vacancy and delinquency rates.

Property Details for 55-17 98 St

Property type
Land

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.738850073046
Longitude
-73.861679688595

FAQs

What type of property is this?
Land - 8,608 SF Vacant Lot, R7B Zoning
Where is the land located?
The property is located at 55-17 98 St Queens, NY.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Exceptional development opportunity: 8,608 sq ft vacant lot in Corona, Queens, zoned R7B, for a 7-story, 38-unit mixed-use building with 19 parking spaces and a community facility.; Prime location: Directly off the Long Island Expressway, seven blocks from the Woodhaven Blvd subway (E, F, M, & R trains), and minutes from LaGuardia Airport.; Strong market demand: Corona's robust housing market features low vacancy and delinquency rates.
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55-17 98 St
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