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60th Pl
Ridgewood, NY 11385
Rare Ridgewood Free-Market Development Site · Land For Sale
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0.24 AC
Investment Highlights
- One-of-a-kind assemblage opportunity in Ridgewood — no comparable sites available
- Strategically positioned within a low-density residential zone (non-commercial)
- Rare Case for Full Redevelopment: Yielding well over 32,000+ BSF
- Prime location near transit, schools, entertainment, and key retail corridors
- One paved parcel, currently with 0 utilized FAR, offers ±3,382 buildable sf transfer without triggering ULURP
Property Facts
| Property Type | Land | Total Lot Size | 0.24 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | |||
| Zoning | R5B - Potential for R6b/R6 rezoning due to rare local precedent. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.24 AC |
| No. Stories | 1 |
| Zoning | R5B - Potential for R6b/R6 rezoning due to rare local precedent. |
Description
14,000+ BSF Opportunity in Ridgewood, Queens Ridgewood spans just 2.1 sq mi (~59M SF), yet nearly 60% is locked under contextual low-density zoning, and over 30% of its built environment lies within federally or locally protected historic districts — making redevelopment sites of this scale increasingly rare. This assemblage offers TWO high-impact scenarios: A rare case for strategic site acquisition with potential to yield 32,000+ BSF, or A by-right Zoning Lot Merger (ZLM) opportunity under current code. Full zoning study, land use comps, and architectural concepts available upon request at www.ninrealty.com.
Property Taxes
| Parcel Numbers | Improvements Assessment | $510,122 | |
| Land Assessment | $242,640 | Total Assessment | $752,762 |
Property Taxes
Parcel Numbers
Land Assessment
$242,640
Improvements Assessment
$510,122
Total Assessment
$752,762
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