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    164-166 Beach 116th Street

    Far Rockaway, NY 11694
    • $3,688,000
    • STATUS: Active
    • ON SITE: 61 days
    • MLS #: 3271007
    UPDATED: 238 min ago
    $3,688,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1929
    County:

    School Ratings & Info

    Description

    Calling All Investors, Developers & End-Users!!! 6,000 Sqft. R7A-C1-3 Development Site For Sale!!! 164-166 Beach 116th Street Is Located Just A Few Hundred Feet From The Beach. The Property Features Heavy Foot Traffic, Excellent Signage, Strong Zoning, Great Exposure, +++!!! According To The Owner Up To 8 Stories Can Be Built!!! There's Currently A 150+ Unit Building Being Completed Across The Street. The 12,000 Sqft. Building Was A Successful Hotel In The Past. The Building Is A Knockdown. The NYC Housing Preservation & Development Department Just Stated Another 800 New Apartments Were Just Financed In Bringing The New Total To Over 1,380 New Apartments Recently Added To The Peninsula Since The Recent Rezoning!!! This Is Your Chance To Own A Beach Hotel/ Mixed-Use Development!!! Expenses: Taxes: $21k Insurance: $2,800

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    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Premier Properties. Data last updated: 2021-01-22T00:16:26.367.
    www.signaturepremierhomesearch.com/homes/112112924
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    164-166 Beach 116th Street Far Rockaway, NY 11694

    • Price: $3,688,000
    • Status: Active
    • Updated: 238 min ago
    • MLS #: 3271007
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1929
    Built
    County:
    Queens
    Property Description
    Calling All Investors, Developers & End-Users!!! 6,000 Sqft. R7A-C1-3 Development Site For Sale!!! 164-166 Beach 116th Street Is Located Just A Few Hundred Feet From The Beach. The Property Features Heavy Foot Traffic, Excellent Signage, Strong Zoning, Great Exposure, +++!!! According To The Owner Up To 8 Stories Can Be Built!!! There's Currently A 150+ Unit Building Being Completed Across The Street. The 12,000 Sqft. Building Was A Successful Hotel In The Past. The Building Is A Knockdown. The NYC Housing Preservation & Development Department Just Stated Another 800 New Apartments Were Just Financed In Bringing The New Total To Over 1,380 New Apartments Recently Added To The Peninsula Since The Recent Rezoning!!! This Is Your Chance To Own A Beach Hotel/ Mixed-Use Development!!! Expenses: Taxes: $21k Insurance: $2,800
    Exterior Features

    Building Size 12000SF

    Interior Features

    Ceiling Height 1

    Property Features

    Business Type Miscellaneous Net Operating Income 0.00 Operating Expense 24516.00 Property Sub Type Mixed Use Property Type Commercial Sale Tax Annual Amount 0.00 Tax Block 16188 Zoning Description R7a-C1-3

    Listing courtesy of Richard Matt Shane of All Island Estates Realty Corp.
    © 2021 OneKey MLS. All rights reserved.


    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Premier Properties. Data last updated: 2021-01-22T00:16:26.367.
     
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