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2816 119th St - M1-1 Rare waterfront property 1,300 SF Specialty Building Offered at $950,000 in Flushing, NY 11354
Investment Highlights
- Waterfront property across from Laguardia Airport
- Beautiful sunset views of Manhattan
Executive Summary
M1-1 Rare waterfront property tucked into one of Queens' most under-the-radar areas on the edge of Flushing/College Point and across the bay from LaGuardia Airport.
It's the kind of block most New Yorkers don't know exists. Dead-end streets, Flushing Bay in your backyard, and the most spectacular views of the Manhattan skyline.
The parcel measures 60' x 102 for a total of 6120 square feet. Zoning is M1-1 and the lot supports a small 1 family detached residence/office with a maximum floor area of approximately 1300 square feet.
Buyer to verify buildable area and development potential with their own architect.
Block 4315, Lot 54. The dimensions and zoning give you real room to work. Taxes run roughly $6000 annually on the current building assessment.
You're a short ride to Flushing proper for restaurants and shopping, minutes from the Whitestone Expressway, and about twenty minute drive to Manhattan.
It's the kind of block most New Yorkers don't know exists. Dead-end streets, Flushing Bay in your backyard, and the most spectacular views of the Manhattan skyline.
The parcel measures 60' x 102 for a total of 6120 square feet. Zoning is M1-1 and the lot supports a small 1 family detached residence/office with a maximum floor area of approximately 1300 square feet.
Buyer to verify buildable area and development potential with their own architect.
Block 4315, Lot 54. The dimensions and zoning give you real room to work. Taxes run roughly $6000 annually on the current building assessment.
You're a short ride to Flushing proper for restaurants and shopping, minutes from the Whitestone Expressway, and about twenty minute drive to Manhattan.
Property Facts
| Price | $950,000 | Building Class | C |
| Price Per SF | $730.77 | Lot Size | 0.14 AC |
| Sale Type | Investment or Owner User | Building Size | 1,300 SF |
| Sale Condition | Redevelopment Project | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1920 |
| Property Subtype | Residential Income | Parking Ratio | 4.62/1,000 SF |
| Zoning | M1-1 - LIGHT MANFACTURING | ||
| Price | $950,000 |
| Price Per SF | $730.77 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 1,300 SF |
| No. Stories | 1 |
| Year Built | 1920 |
| Parking Ratio | 4.62/1,000 SF |
| Zoning | M1-1 - LIGHT MANFACTURING |
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Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 04315-0054 | Improvements Assessment | $18,563 |
| Land Assessment | $8,778 | Total Assessment | $27,341 |
Property Taxes
Parcel Number
04315-0054
Land Assessment
$8,778
Improvements Assessment
$18,563
Total Assessment
$27,341
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Coopers on the Bay LLC
2816 119th St - M1-1 Rare waterfront property
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