Rare residential or commercial redevelopment opportunity and the ability to build your own business in an environment with little to no competition and a completely captive audience while also having direct flow-through traffic on the only main road between Rockaway and Howard Beach. Seller Financing & Creative Financing Solutions Available. One of the largest lots in broad channel with rezoning/redevelopment potential while also having legal non-conforming commercial use for Auto-body, gas, or auto-body spray booths, among other highly valuable functions in 'Use Group 16'. According to the seller's zoning attorney, this property has strong potential to be rezoned to commercial zoning (C-2 or C-3), or being upgraded from R3-A to R3-2 allowing for massive expansion of footprint and utility of the building. R3-A would allow for an upgrade from 3,000 square feet to 10,000 square feet. Alternative opportunities include: The lot being broken into smaller lots for additional properties given the considerable lot size. According to the zoning documentation, a transient usage hotel can potentially be created only moments from the beach for massive income potential. Contact us for more details. The seller is very open-minded to different types of offers that can empower you to achieve your goals with such a highly sought after and rare piece of land. While the information presented is considered reliable, the Broker and Seller does not warranty any of the information provided and all information must be verified by a third party.
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