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55-17 98th Street
Corona, NY 11368
55-17 98th Street, Corona · Land For Sale · 0.20 AC

INVESTMENT HIGHLIGHTS

  • RARE DEVELOPMENT OPPORTUNITY Preliminary plans for 38 residential units, a community facility space, and 19 parking spaces.
  • STRONG HOUSING DEMAND Corona has consistent strong demand for housing with low vacancy and low arrears.
  • CONVENIENT LOCATION Situated directly off the Long Island Expressway, 7-blocks to the Woodhaven Blvd E, F, M, & R-subway station, and minutes to LGA
  • NOTABLE SURROUNDING ATTRACTIONS CitiField Mets Stadium, Arthur Ashe Stadium, NY Hall of Science, Queens Museum, Queens Zoo, and Flushing Meadows Park

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Community Center
Total Lot Size 0.20 AC
Zoning R6B - Medium density residential district

DESCRIPTION

~8,600 SF VACANT LOT WITH PRELIMINARY PLANS FOR A 7-STORY ELEVATORED MIXED-USE BUILDING

  • Listing ID: 32569218

  • Date on Market: 7/24/2024

  • Last Updated:

  • Address: 55-17 98th Street, Corona, NY 11368

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