63-86 Wetherole Street, Queens 11374
Rego Park Development Site

Rego Park Development Site

63-86 Wetherole Street, Queens

$1,750,000

HIGHLIGHTS
  • 1,840 Sq.Ft. Lot
  • For Sale Status

property overview

✓ Development Site
✓ Neighborhood: Rego Park
✓ 1,840 SF Lot
✓ R7-1 Zoning
✓ Max Floor Area Ratio:  3.44
✓ Partially Demolished

property description

Construction permits were previously filed for a six-story apartment building on this development site in Rego Park, Queens. Located between 63rd Road and 64th Road, the lot is three blocks south of the 63rd Drive Rego Park subway station, serviced by the M and R trains. 

The proposed 65-foot tall development would have yielded 7,280 square feet, with 6,248 square feet designated for residential space. It would have had eight (8) residences, most likely rentals based on the average unit size of 781 square feet. The masonry-based structure would have also had a cellar.

Basic Terms of Sale

This property will be delivered in “as-is, where-is” condition.  Any sale of this property is "all-cash" and will not be contingent upon financing.  Purchaser to pay all applicable transfer taxes.  This property will be sold free and clear of all liens, claims, and encumbrances.

Disclosure

All information provided by MYC & Associates, Inc. is from public documents or third-party sources, is not guaranteed and should be independently verified. The information is subject to errors and omissions. The subject property may be sold or withdrawn from the market without notice. MYC & Associates, Inc. does not represent or warrant the accuracy, authenticity, or completeness of any information and is not liable for any reliance thereon.

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Features and Amenities

Area & Lot

  • Status For Sale
  • Lot Area1,840 Sq.Ft.

Financial

  • Sales Price$1,750,000
  • Real Estate Tax $13,979/yr
  • Zoning R7-1



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