Exceptional development opportunity in the heart of Downtown Far Rockaway, one of Queensâ?? rapidly evolving transit-oriented corridors. Situated within the Special Downtown Far Rockaway District, this approximately 16,330 SF site offers roughly 100 feet of frontage along Cornage Avenue, just minutes from the Mott Avenue transit hub. Primarily zoned R6 with a C2-4 commercial overlay, preliminary analysis indicates approximately 63,000â??74,500 buildable SF, with the potential for approximately 75â??90 residential units plus ground-floor retail, subject to independent verification. With the A subway and LIRR nearby, significant public investment in Downtown Far Rockaway, and substantial development activity throughout the surrounding corridor, 18-45 Cornage Avenue presents a rare opportunity to acquire a sizable development site positioned for continued growth. * All zoning, FAR, buildable square footage, and unit counts are approximate and subject to purchaserâ??s independent due diligence.
Details:
Property Type:
Commercial
Financials:
Price:
$4,980,000
Momentum Real Estate LLC Thomas Leong Office: (718)382-0001
provided by Brooklyn Bd of Realtors