116-14 Myrtle Avenue, Richmond Hill, NY 11418
Local realty services provided by:ERA Insite Realty Services
116-14 Myrtle Avenue,Richmond Hill, NY 11418
$1,588,888
- 0.11 Acres
- Lots / Land
- Active
Listed by: zhen hu cbr rene srs crs, allison eng
Office: key impact realty group inc
MLS#:960692
Source:OneKey MLS
Price summary
- Price:$1,588,888
About this home
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....
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Home facts
- Listing ID #:960692
- Added:406 day(s) ago
- Updated:March 26, 2026 at 07:28 PM
Structure and exterior
- Lot area:0.11 Acres
Schools
- High school:Richmond Hill High School
- Middle school:Ms 137 America'S School-Heroes
- Elementary school:Ps 56 Harry Eichler
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,588,888
- Tax amount:$41,396 (2026)
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