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6398 Wetherole St - Great Development Opportunity in Rego Park 0.14 Acres of Commercial Land Offered at $12,322,050 CAD in Rego Park, NY 11374

Commercial Land Properties New York Rego Park 6398 Wetherole St, Rego Park, NY 11374

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INVESTMENT HIGHLIGHTS

  • Right by Rego Center and Ikea.

EXECUTIVE SUMMARY

Excellent mixed-use condo development opportunity in the heart of Rego Park. Zoning: R7-1. Based on the proposed plans, Total Buildable SQFT: 26,997. (Residential: 20,889 SQFT. Community Facility: 6,108 SQFT), 28 luxurious condo units, large day care center and 8 parking spaces. Great investment for selling the units or renting them out after the development. The other side of the lot is on Austin Street. Steps to subway station, bus stops, restaurants, shops and supermarkets.

PROPERTY FACTS

Price $12,322,050 CAD Property Subtype Commercial
Sale Type Investment Proposed Use
Mixed Use
  • Apartment Units - Condo
  • Daycare Centre
  • Parking Garage
No. Lots 1 Total Lot Size 0.14 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.
Zoning R7-1 - Medium-density districts
Price $12,322,050 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Apartment Units - Condo
  • Daycare Centre
  • Parking Garage
Total Lot Size 0.14 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.
Zoning R7-1 - Medium-density districts

1 LOT AVAILABLE

Lot

Price $12,322,050 CAD Lot Size 0.14 AC
Price Per AC $87,191,309.48 CAD
Price $12,322,050 CAD
Price Per AC $87,191,309.48 CAD
Lot Size 0.14 AC

Excellent development opportunity in the heart of Rego Park. Based on the proposed plans, Total Buildable SQFT: 26,997. (Residential: 20,889 SQFT. Community Facility: 6,108 SQFT)

DESCRIPTION

Excellent development opportunity in the heart of Rego Park. Based on the proposed plans, Total Buildable SQFT: 26,997. (Residential: 20,889 SQFT. Community Facility: 6,108 SQFT)

1 1
6398 Wetherole St, Rego Park, NY - AERIAL map view
Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(718) 886-8110

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 25829221

  • Date on Market: 2022-06-01

  • Last Updated:

  • Address: 6398 Wetherole St, Rego Park, NY 11374

The Land Property at 6398 Wetherole St, Rego Park, NY 11374 is currently available for Sale. Contact E Realty International Corp for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

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6398 Wetherole St - Great Development Opportunity in Rego Park
(718) 886-8110 x

6398 Wetherole St - Great Development Opportunity in Rego Park

Frank Ko
(718) 886-8110

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