Description
Offering an exciting opportunity on Beach 116th Street. This property presents two options for potential investors: rehabilitating the existing building or constructing a brand new condominium building. The current structure boasts three full floors, each spanning over 2300 square feet, providing ample space for development. Situated on a thriving beach block, this property is just a few steps away from the beach and the newly built Boardwalk, offering residents a picturesque coastal lifestyle. Additionally, the location is conveniently close to all public transportation, including the A train, making commuting a breeze. The surrounding area is home to a variety of trending shops and restaurants, ensuring residents have access to a vibrant and dynamic community. With the Rockaways experiencing a surge in popularity and growth, now is the perfect time to invest in this promising neighborhood. The property will be delivered vacant, providing investors with a blank canvas to bring their vision to life. With zoning designations of R7A and C1-3, there is ample flexibility for development plans. Don't miss out on this incredible opportunity to be a part of the Rockaways' transformation.
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Description
Offering an exciting opportunity on Beach 116th Street. This property presents two options for potential investors: rehabilitating the existing building or constructing a brand new condominium building. The current structure boasts three full floors, each spanning over 2300 square feet, providing ample space for development. Situated on a thriving beach block, this property is just a few steps away from the beach and the newly built Boardwalk, offering residents a picturesque coastal lifestyle. Additionally, the location is conveniently close to all public transportation, including the A train, making commuting a breeze. The surrounding area is home to a variety of trending shops and restaurants, ensuring residents have access to a vibrant and dynamic community. With the Rockaways experiencing a surge in popularity and growth, now is the perfect time to invest in this promising neighborhood. The property will be delivered vacant, providing investors with a blank canvas to bring their vision to life. With zoning designations of R7A and C1-3, there is ample flexibility for development plans. Don't miss out on this incredible opportunity to be a part of the Rockaways' transformation.
© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeService Hudson Valley Properties. Data last updated: 2023-09-29T18:19:17.54.