18-15/27 Cornaga Avenue, Queens, NY 11691

5 Photos
 
$12,500,000
Active for Sale
 
Listing ID 11279535
Property Type Vacant Land
County Queens
Neighborhood Far Rockaway
FEMA Flood Map fema.gov/portal
   
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Introducing 1815-1827 Cornaga Avenue, 4 adjacent lots & 3 buildings in the R6 / C4-2 zone (2.43 & 4.8FAR with CF) on a 36,500sqFt lot. The buildable sqFt is close to 90,000sqFt and should you choose to build a community facility you can get 180,000sqFt buildable square feet which would put the price per square foot at well under $100psft. There is no 421a designation but with the return of 485X, there may be a tax abatement possible. The owner states a rezone allows 120,000sqFt buildable as of right with over 240,000sqFt buildable with a community facility. Please consult with a qualified architect or zoning analyst as this property is coming with a caveat emptor.
Listed By
Oxford Property Group
Office: 516-650-8549
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