7423 Almeda Ave
Arverne, NY 11692
Waterfront Development Assemblage · Land For Sale · 0.83 AC

Cushman & Wakefield has been exclusively retained for the sale of an assemblage of four tax lots on the Far Rockaway waterfront primed for development. The property is located at Barbadoes Drive between Almeda Avenue and Burchell Avenue and encompasses the entire blockfront on the water equating to over 200 feet of frontage on the waterfront. C3 / R3-2 development allows for commercial and residential development up to approximately 22,860 buildable square feet, and up to ~38,100 buildable square feet with community facility use. Far Rockaway has been seeing a surge in new developments with interest from local and institutional developers. New developments include a 1M SF+ mixed-use development by Phipps Houses and an affordable mixed-use development by Triangle Equities/L&M Development Partners. Transportation is easily accessible via the A train located a half mile south at Beach 67 Street. All property inspections are by appointment only, please inquire within.