
Courtesy of: James S. Powers, Tapestry Real Estate of Queens, jpowersrealestate@gmail.com
$1,898,000
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6 bed
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2.00 Bath (2 Full)
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Lot: 0.14 Acres
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Other
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$1,898,000
45-63 189th Street Newly Offered - Two-Family Opportunity | R3X Zoning | 60 x 100 Lot Positioned on a rectangular 60 x 101 property within an R3X zoning district, this newly offered two-family presents an excellent opportunity to develop a custom, luxury two-family residence. With approximately 4, 500 buildable square feet permitted under 0.75 FAR, the site supports substantial new construction tailored to today's expectations for space, layout, and functionality. ** Based on three recent sales in an R3X zoning district, which were demolished to build a "New Two Family" on 4, 000-sf lots, the average s/p = $1, 243, 320.00. Each lot allowed 3, 000 buildable sq ft. = $414.44 per buildable sq. ft. Do the math... The existing home is configured as a true two-family. The main level consists of seven rooms with three bedrooms. The second floor offers six rooms, three bedrooms, and one bath. A full, open basement features high ceilings, a half bath, and a separate rear entrance, providing additional flexibility for future use. The property also includes a detached one-and-a-half-car garage. The home is presently occupied by long-time tenants without leases. Initial appointments will be limited to viewing the basement and the exterior grounds. Set in a location offering a suburban-like quiet atmosphere, the property remains conveniently accessible to transportation, shopping, and schools. This is a compelling opportunity for end users, builders, or investors seeking to develop a new luxury two-family in a desirable setting.
Courtesy of: James S. Powers, Tapestry Real Estate of Queens, jpowersrealestate@gmail.com
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