$1,588,888

116-14 Myrtle Avenue, Richmond Hill, NY 11418

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Prime development opportunity in the heart of Richmond Hill! This 50 x 100 lot is positioned within R6B zoning with a C2-4 commercial overlay, offering outstanding potential for residential or mixed-use redevelopment. With a base FAR of 2.0 and the potential to reach up to approximately 2.4 FAR through applicable city programs and incentives (buyer to verify with architect), developers have the opportunity to create an estimated 10,000 to 12,000 square feet of buildable space. The zoning allows for a variety of possibilities, including a new mixed-use building featuring ground-floor retail or professional space with residential apartments above, a boutique residential building with multiple full-floor units, or a community facility such as medical offices, educational space, or professional use. The C2-4 overlay provides added flexibility and enhances long-term value by supporting commercial frontage along this active corridor. Located on a well-traveled street with excellent visibility, and just moments from public transportation, shopping, dining, and neighborhood amenities, this property is ideally positioned for strong future demand. An exceptional opportunity for developers, investors, and builders seeking to maximize development potential and long-term returns in a thriving Queens neighborhood.

Listing Status:
Active
Data Last Updated:
March 25, 2026 at 7:20PM
Listing Office:
Key Impact Realty Group Inc : 718-799-0053
MLS ID:
960692
  • Originating MLS: onekey2
  • School District: Queens 27
  • County: Queens
  • Zoning: R6B09254-0004
  • Current Use: Mixed Use
  • Restrictions: None
  • Utilities: Electricity ConnectedNatural Gas Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Key Impact Realty Group Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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