Description
ATTENTION INVESTORS & DEVELOPERS!!! Seize this rare opportunity to acquire a versatile office property with exceptional development potential in the heart of the highly trafficked Throggs Neck commercial corridor. This single-story dental office, built in 1953, sits on a 2,500 sq ft lot (25x100) and is ideal for owner-users, investors, or developers seeking a well-located, value-add asset. Property Highlights: * Lot Size: 2,500 sq ft * Building Size: 836 sq ft (21x37) * Zoning: R4-1 with C2-1 commercial overlay * Existing FAR: 0.33 * Max Buildable SF (Community Facility): Up to 5,000 sq ft (2 FAR) * Commercial FAR: 1.0 / Up to 2,500 sq ft * Residential FAR: 0.750.9 / Up to 2,250 sq ft (with attic allowance) * Taxes: $8,281.36 (Tax Class 4) With zoning that allows for residential, commercial, or community facility development, this site offers flexibility for a variety of end usesincluding medical office, retail, or a ground-up mixed-use/community facility development. A nearby comparable at 3928 East Tremont Avenuesame lot size and zoningdelivered a 4,500 sq ft property, showcasing the area's development potential. ?Neighboring businesses include Chase Bank, McDonald's, Walgreens, CVS, 7/11, Dunkin, Five Guys, CityMD, Dominos, Subway, Starbucks, Mobil, Sunoco, Burger King, USPS, Amazon, The Home Depot, Target, and Petco. Development Comps: 3431 East Tremont Avenue Zoning: R3A Lot Size: 2,500 sq ft Planned Building Size: 2,500 sq ft (commercial) Notes: Built to max allowable commercial FAR under R3A zoning 3546 East Tremont Avenue Zoning: R3A with C2-2 Commercial Overlay Lot Size: 4,322 sq ft Planned Building Size: 3,528 sq ft (commercial) Sale Price (2024): $170 per buildable square foot
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School Ratings & Info
Description
ATTENTION INVESTORS & DEVELOPERS!!! Seize this rare opportunity to acquire a versatile office property with exceptional development potential in the heart of the highly trafficked Throggs Neck commercial corridor. This single-story dental office, built in 1953, sits on a 2,500 sq ft lot (25x100) and is ideal for owner-users, investors, or developers seeking a well-located, value-add asset. Property Highlights: * Lot Size: 2,500 sq ft * Building Size: 836 sq ft (21x37) * Zoning: R4-1 with C2-1 commercial overlay * Existing FAR: 0.33 * Max Buildable SF (Community Facility): Up to 5,000 sq ft (2 FAR) * Commercial FAR: 1.0 / Up to 2,500 sq ft * Residential FAR: 0.750.9 / Up to 2,250 sq ft (with attic allowance) * Taxes: $8,281.36 (Tax Class 4) With zoning that allows for residential, commercial, or community facility development, this site offers flexibility for a variety of end usesincluding medical office, retail, or a ground-up mixed-use/community facility development. A nearby comparable at 3928 East Tremont Avenuesame lot size and zoningdelivered a 4,500 sq ft property, showcasing the area's development potential. ?Neighboring businesses include Chase Bank, McDonald's, Walgreens, CVS, 7/11, Dunkin, Five Guys, CityMD, Dominos, Subway, Starbucks, Mobil, Sunoco, Burger King, USPS, Amazon, The Home Depot, Target, and Petco. Development Comps: 3431 East Tremont Avenue Zoning: R3A Lot Size: 2,500 sq ft Planned Building Size: 2,500 sq ft (commercial) Notes: Built to max allowable commercial FAR under R3A zoning 3546 East Tremont Avenue Zoning: R3A with C2-2 Commercial Overlay Lot Size: 4,322 sq ft Planned Building Size: 3,528 sq ft (commercial) Sale Price (2024): $170 per buildable square foot
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