BEDS6
BATHS2 full
MLS#978410
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLQueens 25
Property Description
Newly Offered - Two-Family Opportunity | R3X Zoning | 60 ?? 100 LotPositioned on a rectangular 60 ?? 100 property within an R3X zoning district, this newly offered two-family presents a strong opportunity to develop a custom luxury two-family residence. With approximately 4,500 buildable square feet permitted under 0.75 FAR, the site supports substantial new construction aligned with today's expectations for space, layout, and functionality.Recent comparable activity reinforces the development potential. Based on three recent R3X sales on 4,000-sq-ft lots that were demolished for new two-family construction, the average sale price was $1,243,320. Each allowed approximately 3,000 buildable square feet-equating to about $414 per buildable square foot. Applied to the approximately 4,500 buildable square feet permitted on this lot, the comparable value approaches $1,864,980, subject to design, construction, and market conditions.The existing home is configured as a true two-family. The main level offers seven rooms with three bedrooms. The second floor includes six rooms, three bedrooms, and one bath. A full, open basement features high ceilings, a half bath, and a separate rear entrance, providing additional flexibility. The property also includes a detached one-and-a-half-car garage.The home is currently occupied by long-time tenants without leases. Initial appointments will be limited to viewing the basement and exterior grounds.Set in a quiet, suburban-like location, yet conveniently accessible to transportation, shopping, and schools. A compelling opportunity for end users, builders, or investors seeking to develop a new luxury two-family in a desirable setting.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Garage: 1
Heating: Oil
Home Style: Colonial
Lot Size: 0.14 Acres
Taxes: $11,143
Year Built: 1955
Amenities
First Floor Bedroom
Feature Descriptions
Attic: Crawl
Building Area Total: 2270
Days on Site: 2
Exterior: Frame
Flooring: Hardwood
GarageY/N: Yes
Heating Units: 1
Heating Zones: 1
House Faces: West
Included In Taxes: Trash
Lot Dimensions: 60X101.5
On Market Date: 2026-04-07
Parcel Number: 05531-0012
Parking Features: Driveway, Garage
Parking Total: 5
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Separate Electric Meters: 2
Separate Gas Meters: 2
Sewer: Public Sewer
Units: 2
Utilities: Electricity Connected
Water: Public
Local Schools
High School: Flushing High School
Middle School: Is 25 Adrien Block
Elementary School: Ps 107 Thomas A Dooley
School District: Queens 25
Listed By / Shown By
Listing By
Agency Name: Tapestry Real Estate of Queens
Agency Contact: 718-460-1943
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 5,580.43 per month $4,112.85 Principal & Interest $928.58 Property Tax $539.00 Homeowner's InsuranceChange Payment Information
45-63 189th Street | MLS# 978410
This multi-family property located at 45-63 189th Street, Flushing, NY 11358 is currently listed for sale with an asking price of $1,848,000. 45-63 189th Street is located within the Queens 25 school district. Search Flushing real estate on www.realtymark.net today.