4520 211th StreetBayside, NY 11361

Description

Exceptional residential development opportunity in the heart of Bayside! Rare QUALIFYING RESIDENTIAL SITE situated on a 50' x 100' (5,000 SF) corner property in an R4 zoning district. Modified qualification under the City's current zoning provisions provides for 1.50 FAR and approximately 7,500 square feet of zoning floor area, creating substantial potential for new multifamily residential development. Located within the Outer Transit Zone, with favorable off-street parking provisions further enhancing development flexibility. The combination of 7,500 buildable SF, substantial corner frontage, and a transit-oriented location presents an outstanding opportunity for developers, investors, and builders. Final building configuration, unit count, and development plans are subject to architectural analysis and all applicable NYC approvals. Ideally situated within walking distance of the Bayside LIRR station and convenient to Bell Boulevard, Northern Boulevard, shopping, restaurants, schools, parks and transportation. Surrounded by established residential development, including recently constructed multifamily properties nearby. One of the few remaining 50' x 100' corner qualifying residential development sites in this highly desirable Bayside location- the “City of Yes” at its best!

Property Information

Property type

Residential Income

Sub-type

Duplex

Style

Colonial

Year built

1920

Building area

2,250 Sq Ft

Lot size

0.11 acres

Lot dimensions

50 X 100

Garage spaces

2

Parking spaces

2

Days on market

96

MLS^® Listing#

1030463

Property Features

Cooling

None

Heating

Oil

Basement

Full

Parking

Detached · Driveway · Garage

Construction

Frame

Utilities

Electricity Connected

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Ps 31 Bayside

Middle

Ms 158 Marie Curie

High

Bayside High School

Financial Details

Annual taxes

$9,623

Assessed value

$98,640

Parcel number

07309-0033

Directions

Google maps