Presenting an Exceptional Development Opportunity with New York City Skyline Views! This expansive vacant lot measures slightly over 50' × 195' and offers tremendous potential for builders, developers, and investors.
The property has received subdivision approval for two proposed 25' × 195' lots. Under the existing zoning, each proposed lot allows for the construction of a two-family dwelling as of right, with an allowable gross floor area of up to approximately 2,925 square feet per floor and up to approximately 8,775 gross square feet per building. Together, the two proposed buildings could provide approximately 17,550 gross square feet of development.
The property’s generous dimensions, substantial as-of-right building potential, and views of the iconic New York City skyline make this a particularly compelling development opportunity. Drafted architectural plans and renderings are available to illustrate the scale, layout, and design potential of the proposed new buildings.
The approved subdivision and available plans represent one possible development approach. Buyers may also investigate alternative configurations or uses that could further maximize the property’s potential, subject to all required municipal reviews, variances, and approvals.
Ideally situated near transportation to New York City, shopping, restaurants, schools, parks, and major roadways, the property combines a convenient location with impressive ground-up development possibilities.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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