55-17 98 StQueens, NY 11368

Property Details for 55-17 98 St

Property type

Land

Description

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

Location Insight

City

Queens

County

Suffolk

State

New York

Latitude

40.7388

Longitude

-73.8617

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