$1,400,000
Active
1 days on market
1345 Eggert Pl
📍 Far Rockaway, Far Rockaway, NY 11691
Other
Type
About this property
Prime Development Opportunity – R5 Zoning | 0.22 Acres | 12,186 Buildable Sq. Ft. Exceptional development opportunity in a desirable Queens location! This approximately 0.22-acre property offers R5 zoning with a maximum residential buildable area of 12,186 square feet, presenting tremendous potential for developers and investors. Explore the possibilities of subdividing the property into multiple residential lots or developing a multifamily apartment building. An excellent opportunity to maximize the property's development potential in an established residential neighborhood. All development possibilities are subject to zoning regulations, lot subdivision requirements, and applicable
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Amenities & features
Key facts
R5 zoning
0.22 acres
9,750 sq ft lot
Property details
Property typeOther
Listing statusActive
Lot size9,750 sqft
Days on market1 days
MLS #1065269
Estimated monthly payment
Listing price$1,400,000
Down payment (20%)$280,000
Loan amount$1,120,000
Principal & interest (7%, 30yr)$7,451/mo
Property tax (est.)$1,361/mo
Home insurance (est.)$583/mo
Estimated total$9,395/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.