Exceptional residential development opportunity in the heart of Bayside! Rare QUALIFYING RESIDENTIAL SITE situated on a 50' x 100' (5,000 SF) corner property in an R4 zoning district. Qualification under the City's current zoning provisions provides for 1.50 FAR and approximately 7,500 square feet of zoning floor area, creating substantial potential for new multifamily residential development. Located within the Outer Transit Zone, with favorable off-street parking provisions further enhancing development flexibility. The combination of 7,500 buildable SF, substantial corner frontage, and a transit-oriented location presents an outstanding opportunity for developers, investors, and builders. Final building configuration, unit count and development plans are subject to architectural analysis and all applicable NYC approvals. Ideally situated within walking distance of the Bayside LIRR station and convenient to Bell Boulevard, Northern Boulevard, shopping, restaurants, schools, parks and transportation. Surrounded by established residential development, including recently constructed multifamily properties nearby. One of the few remaining 50' x 100' corner qualifying residential development sites in this highly desirable Bayside location- the City of Yes at its best!
| MLS # | 1030463 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 29 |
| Listing Provided By | Tapestry Real Estate of Queens | James S. Powers |
| SQ Feet | 2,250 |
|---|---|
| Garage | 2 |
| Basement | Y |
| Units | 2 |
| Acreage | 0.11 |
| Cooling | None |
|---|---|
| Heating | Oil |
| Interior Features | First Floor Bedroom |
| Construction Materials | Frame |
|---|
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Detached, Driveway, Garage |
| Utilities | Electricity Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 98640 |
| Tax Annual Amount | 9623 |
| State | NY |
|---|---|
| County | Queens |
| City | Bayside |
| Zip Code | 11361 |
| School District | Bayside High School |
| Elementary School | Ps 31 Bayside |
| High School | Bayside High School |
| Listing VS Median (in 11361) | |
Price: $2,380,000 low | high Med: $928,944 sqft: 2,250 low | high Med: 1,152 $ / sqft: $1,058 low | high Med: $810 On site: 29 low | high Med: 7 | |
| State | NY |
|---|---|
| County | Queens |
| City | Bayside |
| Zip Code | 11361 |
| School District | Bayside High School |
| Elementary School | Ps 31 Bayside |
| High School | Bayside High School |
| Listing VS Median (in 11361) | |
Price: $2,380,000 low | high Med: $928,944 sqft: 2,250 low | high Med: 1,152 $ / sqft: $1,058 low | high Med: $810 On site: 29 low | high Med: 7 | |