Ad #7853317
MLS #978410
Five-Star Detached Two Family, R3X Development Opportunity | 60
45-63 189th St, Flushing, NY 11358
$1,630,000
6Beds
3Baths
--Sqft
0.14Acres
About this property
Five-Star Detached Two Family, R3X Development Opportunity | 60 X 100 Lot | Substantial Expansion Potential The first floor and basement are vacant. Positioned on a rectangular 60 X 100 property in an R3X zoning district, this two-family offering presents a compelling opportunity to develop a custom luxury residence or to maximize its potential through expansion. With approximately 4,500 buildable square feet permitted under a 0.75 FAR, the site supports substantial new construction aligned with today's expectations for scale, layout, and long-term value. Recent comparable activity reinforces the development potential. Based on three recent R3X sales on 4,000 sq ft lots that were redeveloped into new two-family homes, the average sale price was approximately $1,243,320-equating to about $414 per buildable square foot. Applied to the approximately 4,500 buildable square feet permitted on this lot, the projected value approaches $1,864,980, subject to design, construction, and market conditions. The existing structure is configured as a two-family. It includes a full, high-ceiling basement with both side and rear access, offering flexibility for future use, layout reconfiguration, or end-user customization. This offering is ideally suited for builders, investors, or end users seeking to capitalize on a well-located property with significant expansion potential.
Property Features
6 Beds
3 Baths
0 Sqft
Built in 1955
0.14 Acres
Garage, Driveway
Siding: Frame
Hot Water(Heating), Oil
$11,143 / yr property tax
Queens County
Additional Photos
Contact Information
James S. Powers
Tapestry Real Estate
718-460-1943
Location
Listing Agent: James S. Powers 718-460-1943
Broker: Tapestry Real Estate 718-460-1943 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Tapestry Real Estate 718-460-1943 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$1,630,000
6
Beds
3
Baths
--
Sqft
45-63 189th St, Flushing, NY 11358
By contacting this agent you agree to these Terms and Conditions.
MLS# 978410
Five-Star Detached Two Family, R3X Development Opportunity | 60
$1,630,000
45-63 189th St, Flushing, NY 11358
6
Beds
3
Baths
--
Sqft
0.14
Acres
$1,630,000
45-63 189th St, Flushing, NY 11358
6 Beds
3 Baths
-- Sqft
0.14 Acres
Five-Star Detached Two Family, R3X Development Opportunity | 60 X 100 Lot | Substantial Expansion Potential The first floor and basement are vacant. Positioned on a rectangular 60 X 100 property in an R3X zoning district, this two-family offering presents a compelling opportunity to develop a custom luxury residence or to maximize its potential through expansion. With approximately 4,500 buildable square feet permitted under a 0.75 FAR, the site supports substantial new construction aligned with today's expectations for scale, layout, and long-term value. Recent comparable activity reinforces the development potential. Based on three recent R3X sales on 4,000 sq ft lots that were redeveloped into new two-family homes, the average sale price was approximately $1,243,320-equating to about $414 per buildable square foot. Applied to the approximately 4,500 buildable square feet permitted on this lot, the projected value approaches $1,864,980, subject to design, construction, and market conditions. The existing structure is configured as a two-family. It includes a full, high-ceiling basement with both side and rear access, offering flexibility for future use, layout reconfiguration, or end-user customization. This offering is ideally suited for builders, investors, or end users seeking to capitalize on a well-located property with significant expansion potential.
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Property Details
HOME DETAILS
6 Beds
3 Baths
0 Sqft
Built in 1955
0.14 Acres
EXTERIOR
Garage, Driveway
Siding: Frame
INTERIOR
Hot Water(Heating), Oil
FINANCIAL & COMMUNITY
$11,143 / yr property tax
Queens County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7853317
Viewed
50 times
Listing Status
Active
Added
Jul 03, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
OneKey MLS
Source Property ID
978410
Listing Agent: James S. Powers 718-460-1943
Broker: Tapestry Real Estate 718-460-1943 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Tapestry Real Estate 718-460-1943 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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