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Property at 116-14 Myrtle Ave, Richmond Hill, NY 11418
ACTIVE
$60,112
$1,588,888

116-14 Myrtle AveRichmond Hill, NY, 11418

Land
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.

Est. Monthly

$7,531/MO

$1,588,888
$60,112

116-14 Myrtle Ave, Richmond Hill, NY

Land—

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.

StatusActive
Property TypeLand
Property Subtype—
Days on Market122 days

Est. Monthly Payment

$7,531.29

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

116-14 Myrtle Ave

Richmond Hill, NY 11418 • Queens
—
Beds
—
Baths
—
SqFt
—
Acres
Status
Active
Property Type
Land
Property Subtype
—
Days on Market
122 days
Property History
  • Price reduced
    Mar 24, 2026 • NY State MLS • 11662623
    $1,649,000 → $1,588,888
  • Listed for sale
    Feb 25, 2026 • NY State MLS • 11662623
    $1,649,000
  • Listed for sale
    Feb 11, 2026 • NY State MLS • 11653426
    $1,649,000
Mortgage Calculator
Estimated monthly payment for this property
$7,531.29
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NY State MLS
  • MLS#
    11662623
  • Listing Office
    KEY IMPACT REALTY GROUP INC
  • Last Updated
    95 days ago

Type

  • Property Type
    Land

Condition

  • Days on Market
    122 days
  • Water
    None
  • Sewer
    None
Also Listed On
  • NY State MLS
    1 related listing
    Active$1,649,000

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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