Development Opportunity in a Thriving Neighborhood!
Don't miss out on this extraordinary opportunity to be able to build multiple units in the much sought after section of Far Rockaway! This subdividable L-shaped corner lot is perfectly situated in a growing residential area surrounded by newly constructed multi-family homes. You'll think you're driving into a gated community, as all your neighbors are either new construction or being constructed!
Property Highlights:
Zoning: R4A – Permits the construction of up to three multi-family homes, making it ideal for residential development and or your own private compound.
Utilities Ready: All essential services, including electric, gas, sewer, water, and cable, are readily available on-site.
Prime Location: Minutes from the Far Rockaway boardwalks, shopping centers, parks, restaurants, and entertainment.
This rarely found property offers an unbeatable combination of development potential and a desirable location. Whether you’re a developer looking to capitalize on the area’s growth or an investor seeking the perfect project, this is your chance to bring your vision to life!
Don’t miss out on this once in a lifetime opportunity—schedule a showing today!
Pending
$975,000
72-50 Burchell Avenue, Arverne, NY 11692
--beds
--baths
0.26Acres
Land
Built in ----
0.26 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Subdividable l-shaped corner lot
- 164 days |
- 40 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker American Homes 718-206-1340,
Nigel Wingate 516-415-2428
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 963915
Facts & features
Property
Features
- Fencing: Chain Link,Perimeter
Lot
- Size: 0.26 Acres
- Dimensions: 80 x 100/ 56.31 x 40/ 20 x 60 Irregular Lot
- Features: Corner Lot, Level, Near Public Transit, Near School, Near Shops
Details
- Additional structures: Garage(s), Residence, Shed(s)
- Parcel number: 160640056
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Arverne
Financial & listing details
- Tax assessed value: $756,000
- Annual tax amount: $5,397
- Date on market: 2/21/2026
- Cumulative days on market: 106 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Pending sale | $975,000 |
Source:  OneKey® MLS as distributed by MLS GRID #963915 Report a problem | ||
| 2/21/2026 | Price change | $975,000+2.6% |
Source: OneKey® MLS as distributed by MLS GRID #963915 Report a problem | ||
| 10/23/2024 | Price change | $950,000-4.7% |
Source: OneKey® MLS as distributed by MLS GRID #3577640 Report a problem | ||
| 10/14/2024 | Price change | $997,000-5% |
Source: OneKey® MLS as distributed by MLS GRID #3577640 Report a problem | ||
| 10/3/2024 | Price change | $1,050,000-4.5% |
Source: OneKey® MLS as distributed by MLS GRID #3577640 Report a problem | ||
| 9/10/2024 | Listed for sale | $1,100,000+44.9% |
Source: OneKey® MLS as distributed by MLS GRID #3577640 Report a problem | ||
| 2/28/2022 | Listing removed | -- |
Source: OneKey® MLS as distributed by MLS GRID #3348488 Report a problem | ||
| 9/27/2021 | Listed for sale | $759,000+95.1% |
Source: OneKey® MLS as distributed by MLS GRID #3348488 Report a problem | ||
| 10/21/2011 | Listing removed | $389,000 |
Source: RE/MAX Homes #2429995 Report a problem | ||
| 9/13/2011 | Listed for sale | $389,000 |
Source: RE/MAX Homes #2429995 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $45,360 +15.1% |
| 2024 | -- | $39,420 +4.6% |
| 2023 | -- | $37,680 +12.1% |
| 2022 | -- | $33,600 +20.7% |
| 2021 | -- | $27,840 -9% |
| 2020 | $5,024 +6% | $30,600 +11.4% |
| 2019 | $4,740 +1.2% | $27,480 +22.7% |
| 2018 | $4,685 +3.4% | $22,394 +0.8% |
| 2017 | $4,530 +10.5% | $22,222 +6% |
| 2016 | $4,100 | $20,966 +6% |
| 2015 | $4,100 +62.1% | $19,780 +6% |
| 2014 | $2,529 | $18,662 |
| 2013 | -- | $18,662 +0.8% |
| 2012 | -- | $18,519 +6% |
| 2011 | -- | $17,472 +6% |
| 2010 | -- | $16,484 +6% |
| 2009 | -- | $15,552 |
| 2008 | -- | $15,552 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Arverne
Nearby schools
GreatSchools rating
- 7/10Ps Ms 42 R VernamGrades: PK-8Distance: 0.4 mi
- 4/10Channel View School For ResearchGrades: 6-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Ps 183 Dr Richard R Green
- Middle: Jhs 202 Robert H Goddard
- High: Rockaway Park High School For Environmental Susta
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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