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For SaleLuxury

$5,599,000

1,160 sqft$4,827/sqft27 days on market

43-41/45 Burling Street

Flushing, NY 11355

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

1,160

Square feet

1920

Built

Listing narrative

Description

An exceptional development opportunity featuring two adjacent lots totaling approximately 16,000 square feet, ideally situated in the highly desirable heart of Downtown Flushing. The property consists of two separate lots: one with an existing ranch-style home and the other consisting of vacant land. Plan A – Multifamily Residential Development: Potential to develop five separate three-family residential buildings, each with a proposed building footprint of approximately 20' x 70'. Plan B – Mixed-Use Development: Potential to develop a community facility combined with parking and residential use, offering up to approximately 24,000 buildable square feet, subject to applicable zoning regulations and approvals. Conveniently located near shopping centers, restaurants, supermarkets, public transportation, and other neighborhood amenities. All information, including but not limited to property taxes, lot dimensions, zoning, floor area ratio (FAR), permitted uses, buildable square footage, and development potential, is provided for informational purposes only and is not guaranteed and should be independently verified by the purchaser.

Transcript

Welcome to 43-41/45 Burling Street. Now, let's take a closer look at this home. Here is the full property description. An exceptional development opportunity featuring two adjacent lots totaling approximately 16,000 square feet, ideally situated in the highly desirable heart of Downtown Flushing. The property consists of two separate lots: one with an existing ranch-style home and the other consisting of vacant land. Plan A – Multifamily Residential Development: Potential to develop five separate three-family residential buildings, each with a proposed building footprint of approximately 20' x 70'. Plan B – Mixed-Use Development: Potential to develop a community facility combined with parking and residential use, offering up to approximately 24,000 buildable square feet, subject to applicable zoning regulations and approvals. Conveniently located near shopping centers, restaurants, supermarkets, public transportation, and other neighborhood amenities. All information, including but not limited to property taxes, lot dimensions, zoning, floor area ratio (FAR), permitted uses, buildable square footage, and development potential, is provided for informational purposes only and is not guaranteed and should be independently verified by the purchaser.

Listing agent (MLS): Ling Ling Wu · Listing brokerage (MLS): H N L Realty Inc

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$5,599,000

Beds

Beds n/a

Type

House

Home Size

1,160 sqft

Baths

Baths n/a

Lot Size

0.37 acres

Year

1920

Status

For Sale

Days on Market

27

$ / Sqft

$4,827

· 8% down, 7% APR, 30yr fixed
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Courtesy of H N L Realty Inc