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1-55 Beach 5th St - Multi Family - Units Site

0.7 Acres of Residential Land in Far Rockaway, NY 11691

Residential Land & Home Lots New York Far Rockaway 1-55 Beach 5th St, Far Rockaway, NY 11691

INVESTMENT HIGHLIGHTS

  • Amazing opportunity to develop waterfront housing with a private beach
  • Close proximity to restaurants, markets and schools
  • Located between Beach 5th and Beach 6th Street
  • 1 mile to the A Train with easy accessibility into Manhattan

EXECUTIVE SUMMARY

‘As of Right’ Development:
• Potential for a 15,000 square foot apartment building
• Can also construct (5) Two-Family Residential Units (each unit includes 3 bedrooms)

ATTACHMENTS

1-55 Beach 5th Street_Brochure

PROPERTY FACTS

Sale Type Investment Property Subtype Residential
Sale Condition Redevelopment Project Proposed Use Apartment Units
No. Lots 1 Total Lot Size 0.70 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units
Total Lot Size 0.70 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 LOT AVAILABLE

Lot 1

Lot Size 0.70 AC
Lot Size 0.70 AC

Total Lot Size: +/- 0.69 Acres Total Buildable SF: +/- 15,008 SF Current Zoning: R4A

DESCRIPTION

Prime Development Site conveniently located to a beautiful waterfront.

LINKS

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ZONING

Zoning Code R4A
R4A
(516) 328-6500

CONTACTS

  • Listing ID: 22566040

  • Date on Market: 3/25/2021

  • Last Updated:

  • Address: 1-55 Beach 5th St, Far Rockaway, NY 11691

More public record information on 1-55 Beach 5th St, Far Rockaway, NY 11691

The Far Rockaway Land Property at 1-55 Beach 5th St, Far Rockaway, NY 11691 is currently available. Contact Colliers for more information.

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1-55 Beach 5th St - Multi Family - Units Site
(516) 328-6500 x

1-55 Beach 5th St - Multi Family - Units Site

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Jordan Baruch

(516) 328-6500

(516) 328-6500

Matthew Kucker

(917) 626-4859

(917) 626-4859

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