Under contract

116-14 Myrtle Ave, Queens, NY 11418

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKey Impact Realty Group Inc
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Overview

Prime development opportunity in the heart of Richmond Hill! This 50 x 100 lot is positioned within R6B zoning with a C2-4 commercial overlay, offering outstanding potential for residential or mixed-use redevelopment. With a base FAR of 2.0 and the potential to reach up to approximately 2.4 FAR through applicable city programs and incentives (buyer to verify with architect), developers have the opportunity to create an estimated 10,000 to 12,000 square feet of buildable space.

The zoning allows for a variety of possibilities, including a new mixed-use building featuring ground-floor retail or professional space with residential apartments above, a boutique residential building with multiple full-floor units, or a community facility such as medical offices, educational space, or professional use. The C2-4 overlay provides added flexibility and enhances long-term value by supporting commercial frontage along this active corridor.

Located on a well-traveled street with excellent visibility, and just moments from public transportation, shopping, dining, and neighborhood amenities, this property is ideally positioned for strong future demand. An exceptional opportunity for developers, investors, and builders seeking to maximize development potential and long-term returns in a thriving Queens neighborhood.

Location

Full feature list

Basic info

Property type
Other residential
Lot size (acres)
0.11

Utilities

Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2026)
$41,396

Public schools

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Sourced from: Onekey MLS MLS®#: 960692 Last checked:

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