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6398 Wetherole St
Rego Park, NY 11374
Great Development Opportunity in Rego Park · Land For Sale
·
0.14 AC
Investment Highlights
- Right by Rego Center and Ikea.
Executive Summary
Excellent mixed-use condo development opportunity in the heart of Rego Park. Zoning: R7-1. Based on the proposed plans, Total Buildable SQFT: 26,997. (Residential: 20,889 SQFT. Community Facility: 6,108 SQFT), 28 luxurious condo units, large day care center and 8 parking spaces. Great investment for selling the units or renting them out after the development. The other side of the lot is on Austin Street. Steps to subway station, bus stops, restaurants, shops and supermarkets.
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.14 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | R7-1 - Medium-density districts | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.14 AC |
| Opportunity Zone |
Yes |
| Zoning | R7-1 - Medium-density districts |
1 Lot Available
Lot
| Price | $8,900,000 | Lot Size | 0.14 AC |
| Price Per AC | $62,976,748.14 |
| Price | $8,900,000 |
| Price Per AC | $62,976,748.14 |
| Lot Size | 0.14 AC |
Excellent development opportunity in the heart of Rego Park. Based on the proposed plans, Total Buildable SQFT: 26,997. (Residential: 20,889 SQFT. Community Facility: 6,108 SQFT)
Description
Excellent development opportunity in the heart of Rego Park. Based on the proposed plans, Total Buildable SQFT: 26,997. (Residential: 20,889 SQFT. Community Facility: 6,108 SQFT)
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