**Opportunity for Developers: Prime R6-Zoned Lot in Downtown Flushing, Queens** Seize this exceptional opportunity to acquire a 40x100 lot zoned R6 in the heart of Downtown Flushing, Queens. This property is being sold as land value, it offers 8,800 buildable square feet and currently occupied by a two-family residential home. The potential here is immense: envision a medium-rise residential building with a community facility center, accommodating approximately 13 units and 7 parking spots. An adjacent 24x100 lot is also available, presenting the rare chance to combine for a total R6 buildable lot of 6,400 square feet. This expands the potential buildable square footage, allowing for approximately 21 units and 11 parking spots. Strategically positioned between Main Street and College Point Blvd, this site enjoys unparalleled proximity to essential amenities. Just a short walk to the 7 Train and LIRR, residents will have convenient access to supermarkets, restaurants, offices, medical facilities, hospitals, and parks. Flushing's vibrant and diverse community makes it a highly desirable location for future residents, adding significant value to any development project. This prime location offers unmatched convenience and investment potential. Don't miss out on this unique development opportunity in one of Queens' most dynamic neighborhoods. Disclaimer: All information provided is not guaranteed and should be independently verified. Prospective buyers and developers are encouraged to conduct their own due diligence, including consulting with an architect or zoning expert to verify all details and potential development opportunities.
Property Details
Property Features
Listing Office:
Office Name: EXP Realty
Office Phone: (888) 276-0630
Lot Features
Lot Information:
Lot: Cleared
Lot Size: 0.09 Acres
Other
Directions Information:
Directions: Saull St & Avery Ave, Between College Point & Main Street
Price Information
Listing Price Info
Price Summary:
List Price: $2,435,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
This property is $1.5M more than the Median Sold Price in New York, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #3553376
Listing Office:
Office Name: EXP Realty
Office Phone: (888) 276-0630
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/5/2024, 2:11:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$12.2K
Per Month
Principal & Interest
$12.1K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$7,367
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Active Learning Elementary School (The)
13720 Franklin Ave
Distance between this listing and this school0.52 miles
Public District Grades PK-3
9
/10
PS 120
5801 136th St
Distance between this listing and this school0.58 miles
Public District Grades PK-5
8
/10
PS 20 John Bowne
14230 Barclay Ave
Distance between this listing and this school0.73 miles
Public District Grades PK-5
Nearby Schools
8
/10
Intermediate School 237
4621 Colden St
Distance between this listing and this school0.75 miles
Public District Grades 6-8
5
/10
Jr High School 189 Daniel Carter Beard
14480 Barclay Ave
Distance between this listing and this school1.09 miles
Public District Grades 6-8
9
/10
Queens College School for Math, Science and Technology
14820 Reeves Ave
Distance between this listing and this school1.23 miles
Public District Grades PK-8
Nearby Schools
8
/10
East-West School of International Studies
4621 Colden St
Distance between this listing and this school0.75 miles
Public District Grades 6-12
3
/10
Veritas Academy
3501 Union St
Distance between this listing and this school1.01 miles
Public District Grades 9-9
5
/10
Queens High School For Language Studies
3501 Union St
Distance between this listing and this school1.01 miles
The neighbors living near this home have an average income of $91,346. The most common annual income of people living in New York, NY is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 132-51 Avery Ave
What is the listing price of this property?
The listing price of 132-51 Avery Ave property is $2,435,000.
What type of property is this?
The property 132-51 Avery Ave is land located in Flushing, New York, 11355.
Is this property for sale now?
Active Listing: 132-51 Avery Ave is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 132-51 Avery Ave in Flushing, NY and zip code 11355 in the Flushing neighborhood. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $2,435,000.
New York, NY housing market in October 2024 saw over 269 listings sold above listed price, more than 850 sold at listed price and over 833 sold below. The number of homes for sale in New York, NY increased by 1.8% between September 2024 and October 2024. In October 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $856,124.
From Rocket Homes Real Estate and based on county public records data.