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1401 Central Ave
Far Rockaway, NY 11691

$3,499,518 USD

Land For Sale  •  0.25 AC

Property Details

  • Property Type Land
  • Lot Size 0.25 AC
  • Zoning R6/C2-4
75 Transit Score
86 Walk Score

Description

The lot is in an OPPORTUNITY ZONE (C.T. #1032.02) allowing for a favorable tax ruling. This lot has an approximate area of 10,950 SF. Presently there is a legal 1940 SF Convenient Store which will be delivered vacant at closing. The development site is located within the "SPECIAL DOWNTOWN FAR ROCKAWAY ZONING". The zoning is R6/C2-4 with increased bulk and density due to the special zoning rules. A 9 story building can be erected at this site. The site offers a potential 50,000 SF development site.
There is aprroximately 13 new construction projects in progress within a half mile radius of this lot. There is a new school and library being built on this street and with over 1400 residential units to be built across the block from this location. Far Rockaway will see a $139M infrastructure and street upgrades to the 25 block area now in progress. The area is in a surge of booming development!

Highlights

A Line Subway & Long Island Railroad- 5 minute walking distance
Corner lot allowing for a larger coverage area

Public Transportation

Commuter RailDriveWalkDistance
Far Rockaway Station (Far Rockaway Branch - Long Island Rail Road) 1 min 4 min 0.2 mi
Inwood Station (Far Rockaway Branch - Long Island Rail Road) 2 min 13 min 0.7 mi
Transit/SubwayDriveWalkDistance
Far Rockaway-Mott Avenue (A - New York MTA Subway (The Subway)) 1 min 6 min 0.3 mi
Beach 25 Street (A - New York MTA Subway (The Subway)) 2 min 16 min 0.9 mi
AirportDriveWalkDistance
John F Kennedy International 18 min - 9.5 mi
Laguardia 27 min - 15.3 mi
Newark Liberty International 54 min - 35.0 mi
Robert Ritchie 917-922-7781 Street Signs Realty LLC
Robert Ritchie 917-922-7781 Street Signs Realty LLC