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18-15/27 Cornaga Avenue, Queens, NY 11691

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For Sale

$12,500,000

Estimated Payment

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APR for 30 years

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Introducing 1815-1827 Cornaga Avenue, 4 adjacent lots & 3 buildings in the R6 / C4-2 zone (2.43 & 4.8FAR with CF) on a 36,500sqFt lot. The buildable sqFt is close to 90,000sqFt and should you choose to build a community facility you can get 180,000sqFt buildable square feet which would put the price per square foot at well under $100psft. There is no 421a designation but with the return of 485X, there may be a tax abatement possible. The owner states a rezone allows 120,000sqFt buildable as of right with over 240,000sqFt buildable with a community facility. Please consult with a qualified architect or zoning analyst as this property is coming with a caveat emptor.
MLS# 11279535

Courtesy Of Oxford Property Group

(212) 300-6412

Property Features

  • Architecture Style
    Other
  • Roof Type
    Unknown

Home seller CENTURY 21 Milestone Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Milestone Realty

(718) 291-7000
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