opportunity zone asking price $4,900,000 · 2020-01-10 · cushman & wakefield has been...
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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
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
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
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T
BE
AC
H 2
7 S
TR
EE
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SEAGRIT AVENUE
SEAGRIT BLVD