OPPORTUNITY ZONE ASKING PRICE $4,900,000 · 2020-01-10 · Cushman & Wakefield has been exclusively...

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204 BEACH 28TH ST FAR ROCKAWAY | NY 11691 ASKING PRICE $4,900,000 ONE+ ACRE MIXED-USE DEVELOPMENT SITE DELIVERED WITH APPROVED PLANS OPPORTUNITY ZONE $80 / BSF

Transcript of OPPORTUNITY ZONE ASKING PRICE $4,900,000 · 2020-01-10 · Cushman & Wakefield has been exclusively...

Page 1: OPPORTUNITY ZONE ASKING PRICE $4,900,000 · 2020-01-10 · Cushman & Wakefield has been exclusively retained to arrange for the sale of 204 Beach 28th Street in Far Rockaway, Queens.

204 BEACH 28TH STFAR ROCKAWAY | NY 11691

ASKING PRICE $4,900,000

ONE+ ACREMIXED-USE DEVELOPMENT SITE DELIVERED WITH APPROVED PLANS

OPPORTUNITY ZONE

$80 / BSF

Page 2: OPPORTUNITY ZONE ASKING PRICE $4,900,000 · 2020-01-10 · Cushman & Wakefield has been exclusively retained to arrange for the sale of 204 Beach 28th Street in Far Rockaway, Queens.

204 BEACH 28TH STREETFAR ROCKAWAY | NY 11691

PROPERTY INFORMATIONADDRESS 204 Beach 28th Street, Far Rockaway

LOCATION Corner of Seagrit Avenue and Beach 28 Street

BLOCK / LOT 15803 / 25

LOT DIMENSIONS 248’X62’ / 120’X300’ (Approx.)

GROSS LOT SF 51,376 (Approx.)

ZONING & APPROVED PLANS INFORMATIONZONING R4A, R5

GROSS BUILDING AREA (SF) 85,349

STORIES 4 plus lower lever

ZONING FLOOR AREA (SF) 62,477

RESIDENTIAL UNITS 51

COMMUNITY FACILITY SF 17,728

ON-SITE PARKING 63

NYC TAX INFORMATIONASSESSEMENT (19/20) $92,737

TAXES (19/20) $19,401

PROPERTY DESCRIPTIONCushman & Wakefield has been exclusively retained to arrange for the sale of 204 Beach 28th Street in Far Rockaway, Queens.

204 Beach 28th Street is an assemblage of lots on the corner of Seagirt Avenue and Beach 28 Street, located in a Qualified Opportunity Zone. The site sits in a R4A/R5 zoning area and will be delivered with approved plans. The plans allow for a four-story mixed-use building of approximately 85,349 square feet and a zoning floor area of approximately 62,477 square feet. The building is a mix of 51 residential units and approximately 17,728 square feet of community facility space. It also features 63 below grade parking spaces. Plans are available upon request.

The property is located just steps from the A subway and several bus lines. Nearby major credit tenants include CVS, Bank of America and McDonald’s.

Property inspections are by appointment only, please inquire within for additional information.

OPPORTUNITY ZONE

ASKING PRICE $4,900,000$80 / BSF

Page 3: OPPORTUNITY ZONE ASKING PRICE $4,900,000 · 2020-01-10 · Cushman & Wakefield has been exclusively retained to arrange for the sale of 204 Beach 28th Street in Far Rockaway, Queens.

FOR ADDITIONAL INFORMATION AND CONFIDENTIALITY AGREEMENT, PLEASE CONTACT EXCLUSIVE CUSHMAN & WAKEFIELD AGENTS:

Stephen R. PreussVice Chairman718 512 [email protected]

Kevin SchmitzDirector718 512 [email protected]

Charlie DupontAssociate718 512 [email protected]

Kevin LouieDirector718 512 [email protected]

TAX MAP

LOT

BLOCK

25

15803

LOT 25

LOCATION MAP

PROPERTY HIGHLIGHTS• Development site primed for residential and

community facility development

• 420 Ft of linear frontage

• Located walking distance to the A train and

several bus lines

• Nearby major credit tenants include CVS,

Bank of America and McDonald’s

• Walking distance to the Rockaway Beach

Boardwalk

BE

AC

H 2

8 S

TR

EE

T

BE

AC

H 2

7 S

TR

EE

T

SEAGRIT AVENUE

SEAGRIT BLVD