62-67 60th Place, Ridgewood_Property for Sale
62-67 60th Place, Ridgewood_Property for Sale
6267 60th Pl, Ridgewood, NY, 11385-2027, US

62-67 60th Place, Ridgewood

Asset description

GROUND LEASE:

62-67 60th Place is zoned R5B which allows for a residential development project. Demand for new residences in this neighborhood continues to grow, with the immediate neighborhood achieving 40+ per square foot for residential rents. The property is conveniently located under 10 blocks from the Middle Village / Metropolitan Avenue m train station offering quick transportation throughout the boroughs. This site offers investors the ability to develop a ground up project, and/or convert the current structure to residential use. Ridgewood has been undergoing a transformation that has brought with it premier retailers, restaurants and leisure destinations in addition to a high demand for housing.

...

Attributes

Land area gross
30,033 sf
Zoning
R5B

Media

Investment highlights

GROUND LEASE:

Lot Size: 30,033 SF

Residential FAR: 1.35

Total Development as-of-right: 40,545 BSF

Zoning Designation: R5B

Contact brokers

62-67 60th Place, Ridgewood (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Jun 21, 2024