For Sale
$500,000

67-07 Bch Channel Dr Queens, NY 11692

Prime Residential Land, Approved Plans

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 500,000 dollar residential development opportunity is located at 67-07 Beach Channel Drive in Arverne, Queens, New York (zip code 11692). The property boasts approved plans for a four-story building encompassing five residential units, complete with a rooftop deck. This is a turnkey project ready for immediate development, eliminating the lengthy and often costly process of obtaining necessary permits and approvals. The site is situated in a rapidly developing neighborhood, offering significant potential for strong returns on investment. Its prime location provides unparalleled convenience and access to a wealth of amenities. Just one block away is the Tides NYC, a new luxury apartment development, and within two blocks, residents will find the Arverne by the Sea retail center, surf shops, and popular schools. A Stop & Shop supermarket is also conveniently located within a block. For easy transportation, the Beach 67th Street A-Train station is nearby, and a beach ferry shuttle bus stop is across the street. The existing structures have already been demolished, making this a clean and ready-to-build site. This presents a rare chance to capitalize on the burgeoning Arverne real estate market and create a highly desirable residential property in a vibrant coastal community. The property's proximity to the beach further enhances its appeal and potential rental income. This is an ideal opportunity for developers seeking a prime location and a streamlined development process.

Highlights

  • $500,000 asking price for residential land.
  • Located in Arverne, NY, a developing neighborhood.
  • One block from the beach, A-train station, and a retail center.
  • Approved plans for a 4-story, 5-unit building with a rooftop deck.
  • Existing structures have been demolished.

Property Details for 67-07 Bch Channel Dr

Property type
Land

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.5925909
Longitude
-73.7964812

FAQs

What type of property is this?
Land - Prime Residential Land, Approved Plans
Where is the land located?
The property is located at 67-07 Bch Channel Dr Queens, NY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: $500,000 asking price for residential land.; Located in Arverne, NY, a developing neighborhood.; One block from the beach, A-train station, and a retail center.
How can I contact the broker?
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67-07 Bch Channel Dr
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