91,876 sf Queens Residential Development Site
Description
The property is an approximately one acre plot of land (45,938 square feet) primed for residential development. 47-11 90th Street is a single interior lot with access via 90th Street and a small portion of frontage on Corona Avenue. The lot square footage is approximately 45,938 square feet and sits in an R6B / C2-3 zoning area. Within R6B / C2-3 zoning, it allows for residential or commercial development with a 2.0 floor area ratio (FAR) for a total as of right buildable of approximately 91,876 square feet. A property survey is available upon request.
The location of the lot is ideal for residential development. 47-11 90th Street is located within walking distance of the R subway train at Queens Boulevard / Grand AvNewtown Station, as well as Broadway / Elmhurst Av. The property is surrounded by major thoroughfares including Corona Avenue, Broadway, Queens Boulevard and Roosevelt Avenue.
47-11 90th Street is a great opportunity for a developer / investor to capitalize on the growing demand for residential rental and condominium space in the Elmhurst / Rego Park neighborhoods of Queens.
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Location
Zoning
C2-3 Zone
C-zones are intended for commercial activities, including retail stores, restaurants, offices, hotels, and entertainment venues. These zones are regulated by zoning laws to control building heights, density, signage, and other factors to ensure compatibility with surrounding areas and minimize negative impacts on neighborhoods.
Typical Uses
C1, C2, & C3 zones are typically smaller-scale commercial districts found within residential neighborhoods, allowing for local retail and service establishments.
R6B Zone
R-zones are intended for residential development, encompassing a wide range of housing types from single-family homes to apartment buildings. These zones are regulated by zoning laws to ensure that residential buildings meet specific density, height, and setback requirements to maintain neighborhood character and quality of life.
Typical Uses
Medium-density residential development, including mid-rise apartment buildings and mixed-use buildings with residential units above ground-floor commercial spaces.