Renovation or redevelopment opportunity in the heart of Elmhurst. Situated on an approximately 25' 90' lot totaling approximately 2,252 SF within an R6B zoning district, the property includes an existing structure that has been fully gutted, offering buyers the flexibility to explore renovation, reconfiguration, alteration, or redevelopment, subject to all required approvals.A full set of proposed architectural plans is available depicting one possible four-story, eight-unit residential concept. Buyers may also evaluate alternative residential configurations, including potential one-, two-, or three-family use, based on zoning, building code requirements, existing conditions, and agency approvals. Renovating the existing structure may provide a more streamlined and potentially cost-effective alternative to complete demolition and ground-up redevelopment. Whether pursued as a value-add renovation, a customized owner-occupied residence, or a larger redevelopment project, the property offers multiple paths to create value.Located near the Grand Avenue-Newtown subway station, Queens Boulevard, shopping, dining, parks, and major roadways, the property offers convenient access throughout Queens and to Manhattan.Property is being sold as-is. Buyer is responsible for independently verifying zoning, architectural plans, buildable square footage, utilities, permitted use, and all renovation or redevelopment potential.
Listing By
Agency Name: B Square Realty
Agency Contact: 646-889-9988
Shown By
Agent Name: Christine Lavelle
Agent Phone: Cell: (516) 330-1835
Agency Title: Howard Hanna | Coach Realtors
Estimated Payment
$ 6,512.03 per month $5,578.65 Principal & Interest $554.50 Property Tax $378.88 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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88-37 54th Avenue | MLS# 1031828
This single family home located at 88-37 54th Avenue , Elmhurst, NY 11373 is currently listed for sale with an asking price of $1,299,000. This property was built in 1920 and with 1808 sq. ft. 88-37 54th Avenue is located within the Queens24 school district. Search Elmhurst real estate on www.christylavelle.com today.