7
See all 7 photos
Listing Courtesy of Brick & Mortar LLC
$3,500,000
Est. payment /mo
2 Beds
4 Baths
6,854 SqFt
New
72-17 Grand Avenue #Building Queens, NY 11378
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,854 sqft
Price per Sqft $510
Subdivision Maspeth
MLS Listing ID RLS20015743
Style Prewar
Bedrooms 2
HOA Y/N Yes
Year Built 1901
Property Sub-Type Multi Family
Property Description
12,000 sf buildable Development opportunity in Maspeth, Queens on high traffic Grand Avenue. This combination sale is for the 2 story building located at 72-17 Grand Avenue and the adjacent corner lot at 72-19 Grand Avenue. The property at 72-19 Grand Avenue has 2 independent storefronts, 2 apartments above, and a fully finished basement. The oversized L shaped corner lot at 3,154 sq ft has a poured concrete foundation in place that is built to the corner of the block. There is a variance in place that a new building will not require a setback as the foundation is in place.
72-19 Grand Avenue sits on a 3,154' lot with an FAR of 2 in an R6 zone and can be built as of right 6,308'
72-17 Grand Avenue sits on a 2800' lot with an FAR of 2 also R6 which can be built to 5,600' as of right
Combined actual is 11,908'
First photos show renderings of they type of building that can be built. A good investment move would be to have commercial storefronts at street level with condos, or rental units above. Because of where the property is located on a ridge in Maspeth, the upper floors on the new build will have a panoramic view of the Manhattan skyline.
Shown by appointment.
72-19 Grand Avenue sits on a 3,154' lot with an FAR of 2 in an R6 zone and can be built as of right 6,308'
72-17 Grand Avenue sits on a 2800' lot with an FAR of 2 also R6 which can be built to 5,600' as of right
Combined actual is 11,908'
First photos show renderings of they type of building that can be built. A good investment move would be to have commercial storefronts at street level with condos, or rental units above. Because of where the property is located on a ridge in Maspeth, the upper floors on the new build will have a panoramic view of the Manhattan skyline.
Shown by appointment.
Location
Interior
Heating Central
Cooling Multi Units
Fireplace No
Laundry Building None
Exterior
View Y/N No
Private Pool No
Building
Dwelling Type Mixed Use
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Special Listing Condition Standard
Pets Allowed Building Yes, Yes
RLS Data display by New York (LondonFosterNY.com)