Land New York City Ads

Located at 20-14 Cornaga Avenue, Far Rockaway, NY 11691, this prime development site spans 4,000 Sq. Ft. and boasts a corner lot with dimensions of 44.31' x 90.40'. Its advantageous positioning offers abundant natural light and fresh air, providing the discerning real estate developer with a plethora of exciting redevelopment possibilities. The property is zoned R6, C2-4, with a generous Floor Area Ratio (FAR) of 2.42, translating to a remarkable total residential development potential of 9,680 Sq. Ft. This opens up avenues for creating an impressive residential project, blending modern living with excellent commercial opportunities. With an estimated residential rental rate of $50 per square foot in the new building, the potential for lucrative returns on investment becomes even more enticing

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