1-55 Beach 5th St - Multi Family - Units Site
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1-55 Beach 5th St - Multi Family - Units Site
0.7 Acres of Residential Land in 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)
• Potential for a 15,000 square foot apartment building
• Can also construct (5) Two-Family Residential Units (each unit includes 3 bedrooms)
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| Sale Conditions | Redevelopment Project | Total Lot Size | 0.70 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.70 AC |
| Opportunity Zone |
Yes |
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.
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zoning
| Zoning Code | R4A |
| R4A |
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1-55 Beach 5th St - Multi Family - Units Site
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