Listing Courtesy of: Richard Matt Shane - All Island Estates Realty Corp
$3,688,000 Down payment assistance icon Calculate Payment

164-166 Beach 116th Street UNIT 166 Far Rockaway, NY 11694

Mixed Use Residence
Beds
Baths
Sq. Ft.
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
MLS#
3271007
Property Type
Mixed Use
Year Built
1929
Lot Size
0.14
Stories
3

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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
Listing Courtesy of: Richard Matt Shane - All Island Estates Realty Corp
Thomas O'Leary, License 10311207479, Xome Inc., License 10991227159, ThomasH.Oleary@xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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