$2,500,000
Active
8 days on market
5117 Parsons Blvd
📍 Flushing, Flushing, NY 11355
4.0
Beds
3.0
Baths
2,200
Sqft
$1,136
Per sqft
1920
Year built
Multi-family
Type
About this property
A rare opportunity for builders, developers, and investors! This approximately 8,000-square-foot lot is located in an R2A zoning district and offers exciting potential for future development. The property may offer the possibility of subdivision into two lots, with the potential to build two separate single family homes, subject to zoning requirements, architectural plans, lot conditions, and all applicable NYC Department of Buildings approvals. An excellent opportunity for developers looking to maximize the potential of a spacious property, or buyers interested in building their dream home with additional development possibilities. Bring your architect and explore the possibilities!
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Amenities & features
Key facts
R2a zoning district
Spacious property
8,000 sq ft lot
Property details
Property typeMulti-family
Listing statusActive
Lot size8,000 sqft
Year built1920
Days on market8 days
MLS #1069623
Estimated monthly payment
Listing price$2,500,000
Down payment (20%)$500,000
Loan amount$2,000,000
Principal & interest (7%, 30yr)$13,306/mo
Property tax (est.)$2,431/mo
Home insurance (est.)$1,041/mo
Estimated total$16,778/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.



