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Listed price in listed location currency (USD).
$1,780,000

635

MLS® 978410

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage Yes
Taxes $11,143
Days Active 47
Lot Size 0.1398 acres
Approx. Age 1955
MLS® Number 978410

Property Address: 45-63 189th St, Flushing, NY, 11358-3430

Average square foot calculated using Size range provided by listing agent.

Description

Five-Star R3X Development Opportunity | 60 X 100 Lot | Substantial Expansion Potential The first floor and basement are vacant. Positioned on a rectangular 60 X 100 property in an R3X zoning district, this two-family offering presents a compelling opportunity to develop a custom luxury residence or to maximize its potential through expansion. With approximately 4, 500 buildable square feet permitted under a 0.75 FAR, the site supports substantial new construction aligned with today’s expectations for scale, layout, and long-term value. Recent comparable activity reinforces the development potential. Based on three recent R3X sales on 4, 000 sq ft lots that were redeveloped into new two-family homes, the average sale price was approximately $1, 243, 320—equating to about $414 per buildable square foot. Applied to the approximately 4, 500 buildable square feet permitted on this lot, the projected value approaches $1, 864, 980, subject to design, construction, and market conditions. The existing structure is configured as a two-family. It includes a full, high-ceiling basement with both side and rear access, offering flexibility for future use, layout reconfiguration, or end-user customization. This offering is ideally suited for builders, investors, or end users seeking to capitalize on a well-located property with significant expansion potential.
MLS® Number978410
Laundry LevelIn Basement
Central VacNo
FireplaceNo
Acreage0.1398
Exterior
GarageYes
Approx. Age1955
BasementFull, Unfinished, Walk-Out Access
DrivewayDriveway, Garage
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 7, 2026List Date
$1,780,000List Price
  • Commute

Commute

Starting Address
Destination Address
45-63 189 Th St, Flushing, NY

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