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6-11-6-15 Beach 20th St 0.46 Acres of Commercial Land Offered at $5,058,488 CAD in Queens, NY 11691
Investment Highlights
- 30,000 SF Mixed-Use Development Site or Existing Retail Ideal For User in Far Rockaway.
Executive Summary
Two adjacent lots totaling 20,000 SF on the west side of Beach 20th Street between Cornaga and New Haven Avenues. R5/C1-2 zoning allows for a 30,000 SF mixed-use
development with the UAP bonus or 40,000 SF community facility. Currently, 6-11 Beach 20th Street consits of one 1,845 SF building with 3 month-to-month retail tenants, and
parking. 6-15 Beach 20th Street is a vacant 9,000 SF building. Ability for a user to occupy the existing retail space and utilize the parking. Perfectly situated a few blocks from the beach and boardwalk. In close proximity to several schools. Nearby retailers include CVS, Key Foods Supermarket & Bank of America. 5-minute walk to the Far Rockaway/Mott Ave A train station and just steps from the Carnega Ave/Beach 20th Street Q22 bus stop. Conveniently close to the Special Downtown Far Rockaway District, which was rezoned in 2017 to spur development in the area and create a vibrant mixed-use community.
development with the UAP bonus or 40,000 SF community facility. Currently, 6-11 Beach 20th Street consits of one 1,845 SF building with 3 month-to-month retail tenants, and
parking. 6-15 Beach 20th Street is a vacant 9,000 SF building. Ability for a user to occupy the existing retail space and utilize the parking. Perfectly situated a few blocks from the beach and boardwalk. In close proximity to several schools. Nearby retailers include CVS, Key Foods Supermarket & Bank of America. 5-minute walk to the Far Rockaway/Mott Ave A train station and just steps from the Carnega Ave/Beach 20th Street Q22 bus stop. Conveniently close to the Special Downtown Far Rockaway District, which was rezoned in 2017 to spur development in the area and create a vibrant mixed-use community.
Property Facts
| Price | $5,058,488 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Mixed Use |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.46 AC |
| No. Lots | 1 | Year Built | 1931 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R5 - Medium Density District | ||
| Price | $5,058,488 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.46 AC |
| Year Built | 1931 |
| Opportunity Zone |
Yes |
| Zoning | R5 - Medium Density District |
1 Lot Available
Lot
| Price | $5,058,488 CAD | Lot Size | 0.46 AC |
| Price Per AC | $11,017,381.53 CAD |
| Price | $5,058,488 CAD |
| Price Per AC | $11,017,381.53 CAD |
| Lot Size | 0.46 AC |
Lot dimentions: 100'x200'
Description
Far Rockaway is a neighborhood located on the eastern end of the Rockaway Peninsula in the borough of Queens, New York City. It borders Nassau County (Long Island) and faces the Atlantic Ocean, making it one of NYC’s few truly beachfront communities.
1 1
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (76)
Property Taxes
| Parcel Numbers | Improvements Assessment | $524,963 CAD | |
| Land Assessment | $309,579 CAD | Total Assessment | $834,543 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$309,579 CAD
Improvements Assessment
$524,963 CAD
Total Assessment
$834,543 CAD
Contacts
-
Sean Kelly -
Nicole Daniggelis -
Stephen Vorvolakos -
Jack Mastrocola -
Ariel Property Advisors
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6-11-6-15 Beach 20th St
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