$3,688,000 Calculate Payment
164-166 Beach 116th Street UNIT 166 Far Rockaway, NY 11694
Mixed Use Residence
0.14 Acre Lot
Calling All Investors, Developers & End-Users!!! 6,000 Sqft. R7A-C1-3 Development Site For Sale!!! 164-166 Beach 116th Street Is Located Just A Few Hundred Feet From The Beach. The Property Features Heavy Foot Traffic, Excellent Signage, Strong Zoning, Great Exposure, +++!!! According To The Owner U...p To 8 Stories Can Be Built!!! There's Currently A 150+ Unit Building Being Completed Across The Street. The 12,000 Sqft. Building Was A Successful Hotel In The Past. The Building Is A Knockdown. The NYC Housing Preservation & Development Department Just Stated Another 800 New Apartments Were Just Financed In Bringing The New Total To Over 1,380 New Apartments Recently Added To The Peninsula Since The Recent Rezoning!!! This Is Your Chance To Own A Beach Hotel/ Mixed-Use Development!!! Expenses: Taxes: $21k Insurance: $2,800 Continue reading
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Example seller's savings based on a total commission of 3.99% vs. a traditional 6%. It is subject to change based on agreement between seller and agent. More