Listing Notes
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. 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!
Price in context
Cheaper than 0% of the 24 homes listed nearby right now, which run $1,488,888 to $2,380,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 207-15 39th Ave | $1,488,888 | 4 bd · 3 ba |
| 47-25 212 St | $1,498,000 | 5 bd · 3 ba |
| 40-27 216th St | $1,498,000 | 4 bd · 4 ba |
| 40-19 218th St | $1,535,000 | 5 bd · 4 ba |
| 210-08 41st Ave | $1,538,888 | 4 bd · 2 ba |
| 211-53 46th Ave | $1,580,000 | Studio |
| 43-18 215th Pl | $1,598,000 | 5 bd · 4 ba |
| 206-49 46th Rd | $1,618,000 | Studio |
| 48-22 Oceania St | $1,649,000 | 2 bd · 2 ba |
| 48-22 Oceania St | $1,649,000 | 2 bd · 2 ba |
| 45-14 215th Pl | $1,680,000 | 4 bd · 3 ba |
| 4327 215th St | $1,690,000 | 6 bd · 3 ba |
| 215-34 40th Ave | $1,699,900 | 6 bd · 5 ba |
| 38-33 215th | $1,699,999 | 6 bd · 3 ba |
| 47-09 Bell Blvd | $1,850,000 | 11 bd · 3 ba |
| 202-45 Rocky Hill Rd | $1,860,000 | 4 bd · 5 ba |
| 21405 53rd Ave | $1,988,000 | 4 bd · 5 ba |
| 39-12 215th Pl | $1,989,000 | Studio |
| 40-08 214th Pl | $1,999,000 | Studio |
| 215th St | $2,000,000 | 5 bd · 4.5 ba |
| 4324 215th St | $2,200,000 | 5 bd · 6 ba |
| 4324 215th St | $2,200,000 | 5 bd · 6 ba |
| 3802 211th St | $2,288,000 | 4 bd · 4 ba |
| 3824 215th St | $2,290,000 | 6 bd · 5 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more