116-14 Myrtle AVE, Richmond Hill, NY 11418

$1,450,000

$1,588,888

8.7%
Est.Price: ?

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Est. payment /mo

4,791 Sqft Lot


SOLD DATE : 09/04/2026

Key Details

Sold Price $1,450,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 960692

Sold Date 09/04/26

HOA Y/N No

Rental Info No

Annual Tax Amount $41,396

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 50x100

Source onekey2

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.

Location

State NY

County Queens

Interior

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Building

Lot Description City Lot

Sewer Public Sewer

Water Public

Schools

Elementary Schools Ps 56 Harry Eichler

Middle Schools Ms 137 America'S School-Heroes

High Schools Queens 27

School District Queens 27

Others

Senior Community No

Special Listing Condition None

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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Key Impact Realty Group Inc • Zhen Hu CBR RENE SRS CRS
Bought with Key Impact Realty Group Inc

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